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

About NOD 
Network of Design (NOD) is a network of design companies with strong brands. NOD aims to build a leading design powerhouse by gathering companies well positioned for the ongoing digital shift in the consumer industry. NOD will help the brands take the next step in their international growth journey.

Altor invested in Photowall and String Furniture and laid the foundation for NOD. The current NOD Group had a turnover in 2020 surpassing 500 MSEK with a strong growth momentum. Photowall is headquartered in Stockholm and offers a wide range of custom wallpapers and prints through its own production facilities since 2006. String Furniture is headquartered in Malmö and offers shelving and storage solutions including Nils and Kajsa Strinning’s iconic design “String”.