Kvadrat acquires Sahco
We are substantially strengthening our position within the residential textile market, with the acquisition of one of the world’s finest textile brands Sahco.Read the full press release here
‘The last decade we have been extending our reach into the residential textile market with our brands Kvadrat/Raf Simons, Kinnasand and our rugs. Adding Sahco to the Kvadrat family gives us the opportunity to further extend our footprint in the residential textile market. Sahco has an almost 200 year long heritage and has for long been a highly respected brand in the exclusive residential upholstery and curtain textiles and our aim is to bring new energy and creative leadership back into the Sahco product line,’ Anders Byriel, CEO Kvadrat.
Sahco was founded in 1831 close to Nuremberg, Germany. Surviving two World Wars, the business expanded steadily internationally and got known for their collaboration with various designers, amongst others Ulf Moritz.
Christoph Häussler, Managing Director Sahco says: ‘we are very excited about Sahco joining forces with Kvadrat. Working closely together with Kvadrat’s creative team will create the opportunity to refresh Sahco and regain our position as creative thought leader and pursuit further global expansion.’
‘The acquisition of Sahco will add beautiful and exclusive upholstery blends and velvets as well as very successful and elegant curtain designs to the Kvadrat’s residential product offering. On top of this we will extend our global dealer platform and increase our relevance in the shops, accelerating our growth in this segment,’ says Jacob Sloth, SVP Sales Kvadrat.
Shift of ownership will take effect as per 1st of May 2018.
Business will continue to be run out of Sahco’s headquarters in Nuremberg.