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Synopsis
Nolk, a developer of proprietary data and analytics platform, completed the acquisition of Ergonofis, a manufacturer of office furniture, and Opposite Wall, a designer and manufacturer of home decor and design studio, for $16m. "We are thrilled to welcome Ergonofis and Opposite Wall into the Nolk family of brands. Their vision is perfectly aligned with our mission to help the modern household find and use design-centric, sustainable products. Our model centers the entrepreneurs at the heart of the brands we acquire, enabling them to grow their businesses with the support of mutualized, stronger tools and systems," Alexandre Renaud, Nolk Co-Founder and CEO.
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