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Schmidt shareholding in China sold to partner

Chinese furniture manufacturer Suofeiya Home Collection acquired the 49% stake held by French kitchen and home furniture manufacturer Schmidt Groupe in joint venture Schmidt Suofeiya Kitchen Cabinet Co. Ltd. (SSK) - which had been founded in 2014 - back in December 2022..

Furniture Market in China to grow by USD 57 74 billion from 2022 to 2027|Growing urbanization and middle-class population boosts the market growth

Bedroom Furniture Market 2023 A brief regionwise review of size, share, trends, growth, etc – KaleidoScot

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