Clearwater International advises Cooee Design on its sale to Altor and Network of Design
Clearwater International has advised the founders of Cooee Design on the sale of a majority stake to Altor and Network of Design.
Cooee Design is a fast-growing Swedish designer brand offering a range of products within the home interior space such as vases, trays, and objects. The company was founded in 2007 by Catrine Åberg, Henrik Åberg, and Las Åberg who have since then led the evolution of the company and brand. The products are valued by the customers and the brand has a sizable following on social media.
The company has a close collaboration with designers such as Kristiina Engelin, Eddie Gustafsson, Hans-Christian Bauer, Lars Tornoe, Anders Pfeiffer Gjengedal and Tim Torp Hansen. Cooee Design sell their products through their own website, as well as through a wide network of resellers in Scandinavia and in Germany and abroad.
Altor Equity Partners acquired Cooee Design as a part of their designer brand house, Network of Design. The Group boasts a range of strong brands such as String Furniture. The founders will remain with a significant ownership share post transaction and will continue to take part in the company’s evolution going forward together with Altor.