Isku acquires a 45 percent share in OffiStore Oy, a company that sells second hand office furniture. The agreement was signed today and comes into effect immediately. From now on, Isku will sell used office furniture in addition to new Finnish furniture.
Creating responsible opportunities for their clients
With this acquisition, Isku creates the opportunity for clients to responsibly recycle and purchase office furniture which is well suited to the company’s commitment to the circular economy. Previously, the company has offered office furniture recycling services to its clients, and has developed its material efficiency and increased the use of excess material in the Lahti factory as part of its corporate social responsibility.
“We trust in the long-lasting and high quality of our office furniture produced in Lahti. From now on, we offer our clients recycled furniture from all manufacturers from the OffiStore collection. More and more of our business and public sector clients want to buy used furniture along side new products,” says Arto Tiitinen, Isku’s President and CEO.
Realgreen brand transferred to OffiStore
Previously, Isku has offered circular economy related services under its RealGreen brand. Now the RealGreen brand is transferred to OffiStore as part on the arrangement, and in the future, OffiStore will run its used office furniture business under this brand name.
“We are turning OffiStore into a leader in the circular economy in Finland and but also internationally. Isku will give us the market-leader muscle to support this development. We are a really good fit with Isku because both companies are committed to corporate responsibility,” says Mikko Kuitunen, chair of the board of directors at OffiStore.
Promoting the Circular Economy in a new way
“Clients will notice the benefits of our collaboration – higher volume, new and used office furniture from one place. Isku and OffiStore are both top experts in their field, guaranteeing the best possible service, reliability, and cost-effective solutions. The circular economy is a megatrend, and we are promoting it in a completely new way with Isku,” adds Marko Björklund, CEO of OffiStore.