Orlando Capital buys office furniture maker from insolvent Vivonio
What's the deal? Orlando CapitalDealroom has a profile for this one. Try Dealroom → has agreed to acquire an office furniture maker from VivonioDealroom has a profile for this one. Try Dealroom →, the insolvent German furniture group. The business is described as the most valuable remaining asset within Vivonio. Terms were not disclosed.
Why now? Vivonio entered insolvency, prompting the sale of its assets. The agreement moves its most valuable unit to a new owner.
The signal: Distressed sales continue to reshape Germany's furniture sector, with investors picking up assets from insolvent groups.
Read more: thefurnishingreport.com
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