Network of Design completed the acquisition of Grythyttan Stålmöbler.

Network of Design, a producer of design products completed the acquisition of Grythyttan Stålmöbler, a chair manufacturer. Financial terms were not disclosed. “I must admit that we have had our eyes on Grythyttan Stålmöbler since we founded NOD. It is impossible not to admire what Karl and the team at Grythyttan Stålmöbler have built. It is completely unique and we are incredibly proud that they have given us the confidence to manage and develop this heritage together with them. With this acquisition, we not only add another well-established brand to the group but, together with Byarums Bruk, we will create a unique and comprehensive assortment of outdoor furniture, both for the consumer market and public spaces. We are especially looking forward to exploring the expanded opportunities for digitization and international investment that yet another strong company will bring to NOD,” Therese Hillman, NOD CEO.