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Add-on Acquisition • Furniture

Stokke Acquires Evomove

On May 20, 2022, Stokke acquired furniture company Evomove

Acquisition Context
  • This is Stokke’s 1st transaction in the Furniture sector.
  • This is Stokke’s 1st transaction in Denmark.

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M&A Deal Summary
Date May 20, 2022
Target Evomove
Sector Furniture
Buyer(s) Stokke
Deal Type Add-on Acquisition

Target Company

Evomove

Søborg, Denmark
Evomove is a manufacturer and sells Nomi a highchair, designed by Peter Opsvik. Nomi is designed for maximum safety and to inspire movement in many different sitting positions. Nomi evolves with the growing child, from newborn to grown-up. Evomove is based in Søborg, Denmark.
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Buyer Overview 1

Buyer

Stokke

Alesund, Norway
Category Company
Founded 1932
Sector Furniture
DESCRIPTION

Stokke is focused exclusively on premium children's furniture and equipment within the highchair, stroller, baby carrier, home textiles, and nursery market segments. Stokke was founded in 1932 and is based in Alesund, Norway.

Deal Context for Buyer #
Overall 2 of 2
Sector: Furniture 1 of 1
Type: Add-on Acquisition 2 of 2
Country: Denmark 1 of 1
Year: 2022 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-03 Babyzen

Aix-en-Provence, France

Babyzen is a French designer and manufacturer of premium baby strollers and accessories sold under the internationally-recognized YOYO brand. Babyzen is based in Aix-en-Provence, France.

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