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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.

HAL deal to buy Gispen goes ahead

Thursday 19 December 2013

Ahrend and Gispen now under common ownership.
Following last September’s announcement, when HAL Investments announced its intention to purchase the remainder 51% of shares in Dutch professional furniture manufacturer Gispen, the Dutch Authority for Consumers & Markets (ACM) has now approved this transaction. HAL Investments also owns more than 90% of the shares of Dutch furniture producer Ahrend. With this approval, the two largest office furniture companies in the Netherlands have the same owner.
The ACM expects that competition in the office furniture market will be sufficient, despite this concentration.
ACM has investigated the participants in and winners of tenders for office furniture in the past years.
Chris Fonteijn, Chairman of the ACM said: "In tenders you regularly see other companies win from these two companies. Ahrend and Gispen have a considerable market share, but many other companies are serious competitors."

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