Kvadrat joins forces with Febrik
Kvadrat has acquired a majority stake in Dutch textile company Febrik.
Announced earlier this week, 30 May 2018, Kvadrat said the acquisition had added a "substantial knit portfolio" to its offering.
Febrik, which is based in Tilburg in the Netherlands, was founded less than 10 years ago – but is already recognised on a global scale. Its knitted textile materials have been used by the likes of Anderssen & Voll, Benjamin Hubert and Patricia Urquiola.
"Febrik has, like no one else, broken the code to innovative knitting and we are very impressed by their capabilities. We are looking forward to help develop Febrik become the global leader in knitting for interior," said Anders Byriel, Kvadrat CEO.
Jos Pelders, founder and CEO Febrik: "We have been admirers of Kvadrat for a long time and we are very excited to join forces. It feels right and there is a good click between the teams. Moreover, it gives us the opportunity to accelerate our global expansion through the Kvadrat network."