Scandinavian industry leader Flokk acquires 100% of the shares in the Stoll-Giroflex Group. Schellenberg Wittmer advised the sellers in the transaction.
Flokk, Scandinavian market leader in design, development and production of workplace furniture, with headquarters in Oslo and owned by private equity company Triton, takes over 100% of the shares in Stoll-Giroflex Group, the leading Swiss producer of high quality and ergonomic office chairs, with headquarters in Koblenz and subsidiaries in Germany, Belgium, the Nederlands and France. The combined group becomes the number one manufacturer of office chairs and work place seating in Europe.
Schellenberg Wittmer acted as legal counsel to the selling shareholders. The team was led by Corporate/M&A partner Martin Weber.