Advertisement
Continue to Site »

site_header_zone


 
Trending
Mies Crown Hall Americas Prize Names Seven Finalists
Seattle Central Library by OMA/LMN. Photo courtesy of the Seattle ...
Tandus Centiva and Suzanne Tick Support Publicolor
Suzanne Tick. Flooring specialists Tandus Centiva and textile designer Suzanne ...
Thomas O’Brien Partners With Century Furniture
Photography by Jason Penney. If you think “vintage forms translated ...
1950's Throwbacks: 5 Outdoor Furnishings Look to the Past
  Nobody created outdoor living spaces quite like the architects ...
10 Questions With... Phil Jaffa
  For more than two decades, the U.K.’s Phil Jaffa, ...

JOB ZONE

jobseekers:

employers:

 
Weekly Poll
Where has your firm seen the most growth in the first half of 2014?

    industry_article_detail_left_zone

    Vitra Acquires Artek from Proventus



    Switzerland-based furniture manufacturer Vitra has acquired Artek from the Stockholm-based privately held investment company Proventus. Artek was founded in 1935 in Finland by architect Alvar Aalto and his wife Aino, art promoter Maire Gullichsen, and art historian Nils-Gustav Hahl.

    The partnership marks a growing focus on both companies' global impact: “The international dimension, which was a clear goal already in Artek’s founding manifesto of 1935, needed to be revitalized," says Mirkku Kullberg, CEO, Artek. "That arena is where we want to be, and alliances or ownership arrangements are one way of building the future. In our judgment, having an owner from the industry was the best choice for Artek.”

    Artek has recently issued an aggressive extension of its product range, including its purchase of the rights to Ilmari Tapiovaara’s furniture collection. The company's existing close collaborations with prominent international architects—such as Eero Aarnio, Shigeru Ban, Naoto Fukasawa, Harri Koskinen, Juha Leiviskä, Enzo Mari and Tobias Rehberger—are also a boon to its new ownership.

    “Vitra has held Aalto and Artek in high regard for decades,” says Rolf Fehlbaum, a member of Vitra’s board of directors. He adds, ". . .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.”

    Artek will continue to operate as a separate entity, with new collaborations in manufacturing and distributions under consideration.

    industry_article_detail_central_zone