Kvadrat, a leading European design company, is strengthening their position with the retail business by buying Kinnasand, a company which specializes in creating textiles for curtains, rugs and furniture.
- It is our largest acquisition so far. We are already the first hand choice for architects and designers and when Kinnasand becomes a part of the Kvadrat-family we get the opportunity to develop new business in the retail sector. Kinnasand shares our design strategy and values so it is a good match for us, particularly because their strength is the housing market. They have fantastic collections and a good design team, says Anders Byriel, CEO for Kvadrat, in a statement.
