Network of Design’s Acquisition of Grythyttan Stålmöbler

Wigge & Partners has advised Network of Design on the deal.

Altor-owned Network of Design has acquired Grythyttan Stålmöbler.

Grythyttan Stålmöbler was established in 1895 in the town of Grythyttan in Sweden’s Bergslagen region and has been owned by the founder family since the start.

Grythyttan Stålmöbler was originally a village blacksmith, established in 1895 in the town of Grythyttan in Sweden’s Bergslagen region. At the Stockholm Exhibition of 1930, the now oh-so-classic A2 armchair was shown for the first time – and has been manufactured continuously ever since. Together with several other classics, the furniture is produced on site in Grythyttan with sustainability in focus. The solid craftsmanship in combination with high-quality materials ensures that the furniture lasts for generations. Today, Grythyttan Stålmöbler is run by the fourth generation of the Lindqvist family, with good profitability and an annual revenue of SEK 67 million in 2021.

The NOD-group now consists of eight companies: String Furniture, Photowall, Cooee Design, Kid’s Concept, Byarums Bruk, Wall of Art, Norling Studios and Grythyttan Stålmöbler.

The team from Wigge & Partners consisted of Anders Morén (Picture) and Filip Karlsson.

Involved fees earner: Filip Karlsson – Wigge & Partners; Anders Morén – Wigge & Partners;

Law Firms: Wigge & Partners;

Clients: Network of Design (NOD);

Federica Tiefenthaler

Author: Federica Tiefenthaler