May 19, 2024

Somerset home furnishings maker seals offer with Canadian company

A Somerset-headquartered international furniture model has entered into a strategic partnership with Canadian home furnishings company Teknion.

The offer will help Modus’ global development options and expands Teknion’s portfolio of social and collaborative products.

The product is designed to aid a far more sustainable shift for Modus into new markets in North The usa, while enabling Teknion to substantially decrease the carbon footprint of its items for the Uk and European markets with makes established to make use of Modus’ Somerset-primarily based manufacturing services.

Established in 2000, Modus is one particular of the UK’s foremost contract household furniture producers.

The business is led by co-founders and buddies Jon Powell and Ed Richardson and now employs more than 60 persons at its Somerset HQ in Chard.

“We are truly psyched about this new venture,” stated Modus managing director, Jon Powell.

“Our providers share an entrepreneurial spirit with a long historical past of doing the job with some of the world’s major designers. Layout has constantly been central to our philosophy, and we are quite pleased to be partnering with a global company that understands the benefit of fantastic layout.

“Teknion has a major world-wide presence, and we assume to see the partnership generate potent expansion for Modus.

“For Teknion, our portfolio fulfills the desire for a softer, more inclusive, and collaborative workplace.“

Albert Goodman accountants suggested on the offer, together with Clarke Willmott.

Michael Cahill, spouse at accountancy company Albert Goodman who suggested on the deal included: “We have been doing the job with Jon and Ed at Modus for the very best aspect of 20 many years and have found the organization evolve and improve.  A lot more lately with the advancement of extra agile and hybrid functioning versions, the enterprise has been perfectly positioned to adapt its products portfolio and this hottest expense will assist this.

“We are proud to have worked with Modus to broker this most up-to-date financial commitment from Teknion and seem ahead to looking at in which this can take the manufacturer.”

Not too long ago certified as B Corp, Modus will continue to function as an unbiased firm, retaining its personal manufacturer and servicing its dealer community even though growing its intercontinental arrive at.

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