Polish-Finnish Chamber of Commerce aids in negotiations between Polish investors and Finnish furniture company Nyytli Oy.
Merit Invest S.A., which is listed on NewConnect – an alternative stock exchange run by the Warsaw Stock Exchange, together with another Polish investor, disclosed on May 30, an investor agreement the acquisition of 30% each of Finnish furniture company Nyytli Oy shares in an investor agreement.
This deal would lead to that Nyytli with its new partners could benefit from the partnership in terms of manufacturing and sales network and rise up on the global market as a strong player in baby and children´s furniture. Merit Invest S.A. sees this as a possibility to get in to the designer furniture market and make use of its other acquisitions in the wood industry.
Polish potential partners sees this as a possibility to get in to the designer furniture market and make use of its other acquisitions in the wood industry.
PFCC has been essential in bringing the companies together and is aiding in the present and future negotiations.
PFCC expects the negotiations to lead to an acquisition of the shares by until August 18, 2017 and will further report on the deal in a later stage.
NYYTLI Uno bed for home and travelling, video: https://www.youtube.com/watch?v=ROqYTkaePDo