ALTOR-BACKED ‘NETWORK OF DESIGN’ ACQUIRES COOEE DESIGN
Network of Design (NOD) enters the home accessories category
NOD, a group of fast-growing design brands in the home décor space, today announced it has entered into an agreement to acquire Cooee Design AB. This transaction adds the first brand to NOD in the Home Accessories category.
Cooee Design is a Swedish family-owned company, founded in 2007, headquartered in Lagan, and offers home accessories with high design value both through retail partners and direct to consumer. Since its launch, Cooee has expanded internationally and become known for timeless high-quality Scandinavian design at affordable prices.
“Cooee is a great fit for NOD”, says Therese Hillman, CEO of NOD. “We are highly impressed with Cooee’s strong entrepreneurial management team, the fantastic brand they have built, and Cooee’s rapid international expansion. Cooee is a fantastic first company in our Home Accessories vertical, where we expect to add several other brands.”
“We are excited to join NOD. We have been looking for a partner that believes in our growth ambition and can help us achieve it. With NOD, we found not only that, but also a community of fantastic design brands that all have an ambitious vision. We cannot wait to join forces with the other NOD entrepreneurs!”, says Catrine Åberg, co-founder of Cooee Design.
NOD is continuously looking for strong entrepreneurial companies to join its network.
For more information, please contact:
Therese Hillman, CEO Network of Design +46 73 948 40 67