
Bain, BC Partners et al. mull bid for Stokke
Bain Capital, BC Partners, Lion Capital and others are understood to be bidding for Stokke, a Norwegian manufacturer of children's furniture and accessories.
Other potential participants in the process – with a bidding deadline of 21 October – include Advent International and Swedish firm Nordic Capital.
Goldman Sachs Group was appointed in May to examine strategic options and the company could be valued at close to €400m, according to Bloomberg.
Founded in 1932 by the Stokke family, who are still majority owners, Alesund-based Stokke is a children's chairs manufacturer best known for producing the "Tripp Trapp" adjustable high chair.
Bain Capital and Nordic Capital declined to comment. BC Partners, Lion Capital, Goldman Sachs and Stokke were not immediately available for comment.
The Norwegian furniture market is proving popular with investors at the moment: the Stokke process comes hot on the heels of Credo Capital Partners' recent sale of Fora Form to Swedish interior design firm Lammhults Design Group for NOK 67m.
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