Maj Invest Equity to acquire a majority stake in ferm LIVING from Vendis Capital.

Private equity firm Maj Invest Equity agreed to acquire a majority stake in ferm LIVING, a furniture manufacturer, from Vendis Capital. Financial terms were not disclosed. "With its unique, warm design universe, ferm LIVING is spot on in the international design trend, and ferm LIVING has hereby built a strong brand, also internationally, and has positioned itself intelligently and effectively within the fast-growing online segment. The ferm LIVING brand is bigger than the business, and we will utilize this impressive brand position to continue the journey of growth and intensify the internationalization," Erik Holm, Maj Invest Managing Partner.