Oslo, Norway, 22 April 2026 - Flokk, a leading global manufacturer of workspace seating, has acquired Spec Furniture of Toronto, Canada. With the addition of Spec, close to half of Flokk’s revenues will be generated in North America, strengthening the company’s position in Canada while also gaining access to the growing healthcare segment.
Founded in 1991, Spec Furniture is headquartered in Toronto, Canada, where it operates its manufacturing facility. The company serves four key contract furniture segments in the United States and Canada: healthcare, education, corporate, and behavioural health. It has annual revenues of more than CAD 60 million and a staff of approximately 180. Prior to the acquisition Spec was a subsidiary of U.S.-based furniture manufacturer Sauder Manufacturing Co.
Flokk markets high-quality office furniture through several leading brands in Europe and North America. While its heritage comes from Scandinavia, mainly within task chairs, today Flokk is an international company serving blue-chip clients globally as a total seating solution provider.
Through a combination of organic growth and acquisitions, Flokk has reached annual sales of over NOK 5 billion (USD 550 million). Following the acquisition of Spec Furniture, close to half of the company’s revenues will be generated in North America.
Henning Karlsrud, CEO of Flokk said: “We are very pleased to welcome Spec to the Flokk group. Their strong position in high-quality, configure-to-order products for the contract market, particularly within healthcare, complements our existing portfolio exceptionally well. This is Flokk’s tenth acquisition in almost as many years, demonstrating how we are actively shaping and consolidating a fragmented industry by providing a strong platform for innovative brands to grow. The acquisition also underscores our strategic focus on North America, a market that has seen robust growth in recent years and provides valuable geographic diversification. Our foothold on both sides of the Atlantic makes us one of the few companies with a transatlantic presence within the workspace seating industry, strengthening our position as a global player."
About Flokk
Flokk is a leading global manufacturer of high-quality workspace furniture, with a strong presence in both Europe and North America, developing a growing family of strong brands. The company is the proud owner of the HÅG, RH, Giroflex, Offecct, Profim, Malmstolen, Connection, 9to5, Stylex and VIA Seating brands. About 1,900 employees work together to achieve Flokk's vision: Inspire Great Work. The company's head office is in Oslo, Norway, with eight global production sites in Europe, the United States and China. Flokk products are sold in more than 80 countries worldwide. Flokk has a more than 40-year history of structured focus on the environment, enabling the company to be a leader in the development of sustainable furniture.
About Triton
Founded in 1997 and owned by its partners, Triton Partners is a leading European mid-market sector-specialist investor. Triton Partners focuses on investing in businesses that provide mission critical goods and services in its three core sectors of Business Services, Industrial Tech, and Healthcare.
Triton Partners has over 150 investment professionals and value creation experts across eleven offices and invests through three complementary “All Weather” strategies: Mid-Market Private Equity, Smaller Mid-Cap Private Equity, and Opportunistic Credit.