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Kasthall setting the direction for another 135 years of success

Kasthall, renowned maker of design rugs, has appointed Mirkku Kullberg as interim CEO. She has extensive experience from the international design market, recently as CEO of Glasshouse Helsinki, long time CEO for Artek, Head of the Home Segment for Vitra International, and as a Director of Poltrona Frau Americas.The international market for rugs is expanding and with a growing interest in genuine materials and true craftsmanship, Kasthall is well positioned for future opportunities. Since the acquisition of Kasthall in August 2023, Network of Design (NOD) has worked closely with the company

Altor-backed Network of Design partners up with the Finnish disruptor Vaarnii

Network of Design (NOD) launched in 2020 to bring carefully selected Nordic design to every corner of the world. Today, NOD is proud to announce our investment in Vaarnii, a furniture company that makes brutally sophisticated objects from a single raw material, Finnish pine. All made by local craftspeople and workshops in Finland.Vaarnii was founded in 2021 by Antti Hirvonen and Miklu Silvanto with a vision to create simple pieces that will last for generations and kickstart a new era of sustainable furniture. Each Vaarnii collection begins with raw pine, chosen for its Finnishness and

Kid's Concept wins prestigious "Toy of the Year" award

Kid's Concept, the internationally acclaimed Swedish design brand celebrated for its harmonious Scandinavian-style wooden toys, furniture, and interior decor for children's rooms, is delighted to share their most recent milestone: the prestigious "Toy of the Year" Award. The innovative product that won this honour is the Recycling Station AIDEN, recognized in the Eco/Environment Award category.The "Toy of the Year" Award, presented by the Swedish Toy and Baby Association since 1961, is a hallmark of exceptional quality, outstanding creativity, and educational value. This recognition is

Altor-owned Network of Design acquires the premium design icon Kasthall

Network of Design (NOD) was formed in 2020 with the mission to bring carefully selected Scandinavian design driven brands to every corner and pocket of the world. Today, NOD can announce the acquisition of Kasthall, an iconic design brand producing quality rugs for clients worldwide. Kasthall joins NOD along with design icons such as String Furniture, Grythyttan Stålmöbler, and digital natives like Photowall. The design brands collaborate and share expertise to strengthen each brand’s growth potential into new geographical and digital markets.Kasthall’s products are distributed

With the acquisition of Grythyttan Stålmöbler, another piece of Swedish design history takes its place in the Altor-owned company

Today, Network of Design (NOD), which was founded in 2020 with the goal of establishing a leading network for ambitious Scandinavian producers of design products, has acquired a majority stake in its eighth company, Grythyttan Stålmöbler. The Group already includes seven successful companies: String, Byarums Bruk, Photowall, Wall of Art, Norling Studio, Cooee Design and Kid’s Concept.Grythyttan Stålmöbler was originally a village blacksmith, established in 1895 in the town of Grythyttan in Sweden’s Bergslagen region. At the Stockholm Exhibition of 1930, the now oh-so-classic A2 armchair was

Altor-owned Network of Design expands by adding esteemed brand Byarums Bruk

The parent company Network of Design (NOD), which was founded in 2020 with the ambition of establishing a leading network for ambitious Scandinavian producers of design products, has acquired a majority of its seventh company, Byarums Bruk. The Group already includes the successful companies: String Furniture, Photowall, Cooee Design, Kid’s Concept, Wall of Art and Norling Studio.The venerable Byarums Bruk, which was founded in Småland in 1947, has become especially well-known for its sustainable sandcast aluminum sofas for public environments such as streets and squares, parks and golf

Altor-owned Network of Design acquires Kid’s Concept

Network of Design (NOD), which was founded by Altor in 2020 and consists of String Furniture, Photowall and Cooee Design, have acquired the Borås-based toy and interior design company Kid’s Concept. NOD’s ambition has from the start been to establish a leading network for ambitious entrepreneurs and design companies with strong brands and support them on their geographical and online expansion and continued work on product development "We have had a fantastic 2021 with very good growth in all companies," says NOD's CEO Therese Hillman. “We have received a lot of attention from other

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