Buyout firms submit final bids for Norwegian children’s high chair maker Stokke

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Norwegian children’s furniture manufacturer Stokke has received final round bids this week from a host of private equity firms, according to Reuters.

In October the family-owned company was said to have hired Goldman Sachs to advise on strategic options, including a potential private equity sale.

Buyout bidders include Advent International, Carlyle Group, EQT, Investcorp, Montagu Private Equity and Nordic Capital.

The deal could reach as much as €400m, with financing of around €200m amounting to six times the company’s EBITDA.

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