Gervasoni, Meridiani and Axolight parent Dexelance is to buy a controlling stake in outdoor furniture maker Roda.
The further consolidation in the European furniture and lighting sectors will see Dexelance buy a minority stake in Roda before increasing this to a majority holding b an undisclosed date.
Dexelance own 11 companies and 14 brands across the residential and contract furniture and lighting markets: Gervasoni; Very Wood; Meridiani; Davide Groppi; Saba Italia; Flexalighting; Axolightl; Gamma Arredamenti; Cubo Design and its Binova and Miton Cucine brands; Turri; Cenacchi International and Modar.
it had sales of more than €300m in 2024.
Roda was one of the first companies to develop the idea of high-end furniture suitable for indoors and outside.
‘We are thrilled to start this partnership with Dexelance. Its experience and support will allow us to accelerate our global expansion and consolidate our position as a leader in luxury outdoor furniture,’ says Daniele Pompa, Roda ceo.
‘We are very happy to join with the Pompa family to accelerate the development of one of the most prestigious names in the international outdoor market, sharing not only its
projects but also its values and a common strategic vision,’ says Andrea Sasso, Dexelance ceo.
Under the deal Roda’s management will continue in their positions. Roda’s partnerships include that with Missoni (pictured).
