Germany’s Assmann buys into Frem’s screen business

The family-owned business has taken a stake In the British company’s screen division.

Assmann, one of Germany’s leading office furniture manufacturers with expected sales this year of 130M Euros, will become a shareholder in Frem Group Screens Limited, based in in Haverhill, Suffolk. The companies have enjoyed a long term relationship and have now agreed that Assmann will be the sole distributor for the Syneo Lounge products in continental Europe. Assmann have an option to acquire further shares in the business. Frem Group Screens Limited was founded in 1993 and it is a leading UK manufacturer of acoustics screens and soft pod solutions.

Read full article here: (Office Republic) https://officerepublic.news/en/2018/12/assmann-buromobel-acquires-shares-in-frem-group-screens-limited/

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *

14 − twelve =