On September 6, 2013, Vitra announced it acquired Artek. The Finnish furniture company was established in 1935 by architect Alvar Aalto, his wife Aino, Â Maire Gullichsen, and historian Nils-Gustav Hahl to produce furniture that promoted modern living. Over the companyâ€™s last 80 years, it has expanded its business to include rights to Ilmari Tapiovaaraâ€™s furniture collection and collaborations with renowned designers and artists such as Shigeru Ban, Eero Aarnio, and Enzo Mari.
Artek will continue operations as a separate entity but it is anticipated the purchase will expand the furniture companyâ€™s reach further beyond Finland, where contract and residential domestic sales account for 60 percent of its business. â€œThe international dimension, which was a clear goal already in Artekâ€™s founding manifesto of 1935, needed to be revitalized,â€ said Artekâ€™s CEO Mirkku Kullberg in a statement. â€œThat arena is where we want to be and alliances or ownership arrangements are one way of building the future.â€ Read More