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Fab Completes Acquisition of European Furniture Company

Jason Del Rey has been a business journalist for 15 years and has covered Amazon, Walmart, and the e-commerce industry for the last decade. He was a senior correspondent at Vox.

Two weeks ago, Re/code reported that Fab was closing in on the acquisition of a Finland-based furniture company as part of its latest strategy shift. This morning, the e-commerce company confirmed it had acquired One Nordic Furniture Company in a cash and stock deal that gave the Finnish furniture maker a five percent stake in Fab.

This article originally appeared on Recode.net.

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