M&A Deal Summary

Flokk Acquires Offecct AB

On May 8, 2017, Flokk acquired furniture company Offecct AB

Acquisition Highlights
  • This is Flokk’s 2nd transaction in the Furniture sector.
  • This is Flokk’s 2nd transaction in Sweden.

M&A Deal Summary
Date 2017-05-08
Target Offecct AB
Sector Furniture
Buyer(s) Flokk
Deal Type Add-on Acquisition

Target

Offecct AB

Västra Götaland, Sweden
Offecct AB is a Swedish producer of furniture for the modern meeting place. The company offers a wide range of sustainable, functional and aesthetically attractive furniture targeted towards three main end customer segments: Meeting & Active Workplaces, Lifestyle and Community. Offecct works together with leading designers and architects from around the world to create furniture for meetings between people that gives flexibility, inspiration and fosters creativity.

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Buyer(S) 1

Buyer

Flokk

Oslo, Norway
Category Company
Founded 2007
Sector Furniture
Employees1,897
Revenue 1.0B NOK (2013)
DESCRIPTION

Flokk is a provider in the design, development, and production of workplace furniture in Europe. Flokk was founded in 2007 and is based in Oslo, Norway.

DEAL STATS #
Overall 2 of 7
Sector (Furniture) 2 of 7
Type (Add-on Acquisition) 2 of 7
Country (Sweden) 2 of 2
Year (2017) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-14 Malmstolen AB

Stenungsund, Sweden

Malmstolen AB is a Swedish producer of ergonomic swivel chairs marketed under the Malmstolen brand. The company’s five product lines Classic, Premium, Executive, Flexible, and Industrial follows from their belief that ergonomic working tools must be designed according to the human form and the working situation.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-14 Stoll Giroflex AG

Koblenz, Switzerland

Giroflex is the Swiss producer of perfectly structured, high quality and ergonomic swivel, conference and visitor chairs, seating, tailored to the human anatomy. Giroflex products are available around the world via branch sales offices in Germany, Belgium and the Netherlands as well as via international licensees and sales partners.

Buy -
Mergr

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