September 2013

Thonet increases capital and invests in international business

In the context of a capital increase, financial investor AFINUM has acquired a stake in renowned furniture company Thonet. The furniture brand is one of the best known worldwide, since more than 150 years ago the bent wood chairs of Michael Thonet and his successors have written design and economic history. With the support of AFINUM, especially the expansion of international marketing and sales will be accelerated – the Thonet family will remain active as shareholders and in the management of the company. ARGONAS Corporate Finance Advisors has exclusively advised Thonet GmbH on the capital increase.

press release (PDF)