M&A Deal Summary

Flokk Acquires Stylex

On January 4, 2024, Flokk acquired furniture company Stylex

Acquisition Highlights
  • This is Flokk’s 7th transaction in the Furniture sector.
  • This is Flokk’s 2nd transaction in the United States.
  • This is Flokk’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2024-01-04
Target Stylex
Sector Furniture
Buyer(s) Flokk
Deal Type Add-on Acquisition

Target

Stylex

Delanco, New Jersey, United States
Stylex creates enduring products that respond to the ways customers live and work, designs solutions for intentional and joyful living, and supports dynamic and social environments that will not only make customers’ lives better but the world a better place. Stylex was formed in 1956 and is based in Delanco, New Jersey.

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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 7 of 7
Sector (Furniture) 7 of 7
Type (Add-on Acquisition) 7 of 7
State (New Jersey) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-07 Connection

Mirfield, United Kingdom

Connection designs and manufacture innovative commercial furniture that adapts to the ever-changing ways in which people effectively work and learn. The company provides a collection of dynamic furniture solutions that are agile, intuitive and support the working practices for all sorts of environments from complex office settings to large-scale education projects and everything in between. Connection was founded in 1997 and is based in Mirfield, United Kingdom.

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