Swiss furniture designer and manufacturer Vitra has acquired Finnish design company Artek. Artek will continue to operate as a separate entity within Vitra. Companies will explore the synergies between different operations primarily relate to manufacturing, distribution and logistics.
Rolf Fehlbaum, a member of Vitra’s Board of Directors says: “The Finnish design company is more than a collection of furniture; like Vitra it is a commercial-cultural project which plays an avant-garde role in its sector. For Vitra it is important that Artek can continue and further develop this role.”
Vitra is dedicated to developing healthy, intelligent, inspiring and durable solutions for the office, the home and for public spaces. Artek is one of the most renowned brands in Finland known for its design furniture and lightining fixtures by the Nordic masters Alvar Aalto, Ilmari Tapiovaara, Tapio Wirkkala and Eero Aarnio. Vitra’s design classics have been a part of Artek’s collection for years
Mirkku Kullberg, Artek’s CEO, believes that the new alliance is a good way to build Artek’s future in the international arena. “This is a great opportunity for the Finnish design industry and a major move for Artek, lifting the company to the next stage”, she says.
Read here the press release about the acquisition.