Götessons Design Group acquires Norco Interior Group
ULRICEHAMN 2024-02-01
Götessons Design Group, a leading player in design and interior solutions, proudly announces the acquisition of Norco Interior. This strategic merger strengthens Götessons Design Group’s market position and creates a broader and more diversified portfolio of products and services.
“We are very pleased to become part of Götessons Design Group, and we look forward to leveraging the opportunities and expertise within the group to further enhance our offering. The merger strengthens our joint position as a complete supplier of customized interior concepts.”
says Ove Opseth, CEO of Norco Interior.
Norco Interior is a successful interior company operating in the Nordic region as well as Central and Eastern Europe. Norco Interior’s offering includes customized interiors for retail stores, restaurants, hotels and public environments. The company operates two major production facilities, one focused on wood processing and the other on metal fabrication. Together with an extensive network of subcontractors, this makes Norco Interior a complete and reliable partner delivering high-quality solutions. Norco Interior also includes SIAS Contract, a specialist in securing processes for interior projects primarily aimed at the hotel sector. SIAS Contract is involved from idea to finished solution and quality-assures delivery with carefully selected suppliers. For Götessons Design Group, the addition of Norco Interior is an important contribution that supports the shared vision “Human Design, Human Growth.”
“It feels very exciting to initiate a long-term collaboration with Norco Interior, which has developed in an admirable way in recent years.”
says Emil Johansson, CEO of Götessons Design Group.
“The companies will continue to operate as separate entities where we can provide support in functions that enable a focused approach to business development and sales. Together within the group, we will broaden our expertise and strengthen the group’s offering to architects, interior designers and customers in the Nordic market as well as internationally.”
concludes Emil.
About Götessons Design Group
Götessons was founded in 1984 and has since developed into an international group offering a complete range of workplace solutions, with a focus on office environments. The group includes acoustic expertise through Akustikmiljö in Falkenberg, Sweden, acquired in 2015. In 2019, David Design was acquired, an exclusive brand producing furniture created by some of Sweden’s leading designers. In 2021, the G-SIGN brand was established, the first on the market to offer a comprehensive concept within the gaming industry. In 2022, Scan Sørlie joined the group, a leading furniture player in the Nordic market with strong expertise in production and product development.
The GDG group has an annual turnover of approximately SEK 550 million and more than 200 employees. Norco Interior has an annual turnover of approximately SEK 900 million and around 350 employees. Following the merger, Götessons Design Group will have a turnover of approximately SEK 1.4 billion and around 550 employees.
About Accent Equity
GDG is majority-owned by Accent Equity. Accent Equity was founded in 1994 and has since completed close to one hundred investments. Accent Equity’s ambition is to develop its portfolio companies into Nordic, European and global leaders through sustainable operational improvements as well as strengthened strategic positions. www.accentequity.se.
For further information, please contact:
Jessica Carlstein, Marketing Manager, Götessons Design Group
Email: jessica@gotessons.se
Emil Johansson, CEO, Götessons Design Group
Email: emil@gotessons.se
Ove Opseth, CEO, Norco Interior
Email: ove@norcointerior.com
