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A business consultancy, based in London, England, John Sacks' JSA Consultancy Services provides expert, in-depth, information advice and guidance as to how to exploit successfully the office furniture and interiors markets in Europe, North America, Australasia and Japan.

Kinnarps acqires the rump of Samas Germany

Tuesday 5 January 2010

The Swedish office furniture manufacturer and distributor Kinnarps has reached agreement in principle to take over the bulk of the assets of Samas Germany. Samas NV, now in liquidation, sold its German operations in mid 2009 to the private equity firm, Change Innovation GmbH, and local management. Following the acquisition which will be finalised in the next few weeks, Kinnarps will become the second largest office furniture distributor in Germany. The acquisition covers the Samas products, brands, production activities and distributor network. Among the brands are those once owned by Samas companies Drabert, Schaerf, Martin Stoll, Fortschritt and MBT. Samas Germany, with sales of almost 100 million euros, has 350 distributors and several independent dealers as well as production facilities in Minden and Trebbin.

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