PRAGUE – The Dutch company Royal Ahrend, which specializes in the field of flexible furnishing solutions, has expanded its 75% interest in TECHO, a manufacturer and seller of office furniture in Central and Eastern Europe, to 100%.
Ahrend concluded a strategic cooperative alliance with TECHO in 2003; its current holding dates from Oct. 2005. The two companies will continue to exist as individual brands to serve the potential of the furnishing market in Central and Eastern Europe.
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