Editions:  Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland

Norway's Tripp Trapp seat to go for $300m

Share this article

Norway's Tripp Trapp seat to go for $300m
Aqua Blue & Lava Orange chairs - Stokke
10:00 CEST+02:00
Norway's famed Tripp Trapp baby seat could fetch upwards of two billion Norwegian kroner -- more than $300m -- if its owners go ahead with their planned sale later this year.
The seat, invented by famed chair-designer Peter Opsvik and manufactured by the furniture company Stokke, has become loved around the world since it launched in 1972 and Stokke has won some 130 court cases against copy-cat companies. 
"The process is moving along. A final decision will probably come some time in late autumn," Wilhelm Mohn, Chairman of Stokke  told Norway's DN Newspaper. 

Rune Stokke, the founder of the furniture company, is the largest shareholder in the company with a 35 percent stake.
Get notified about breaking news on The Local

Share this article

From our sponsors

Change the world with a master’s degree from Sweden’s Linköping University

Master’s students at world-leading Linköping University (LiU) aren’t there simply to study. They solve real-world problems alongside experts in fields that can create a better tomorrow. Do you have what it takes to join them?