B&B ITALIA EXPANDS INTO LUXURY KITCHENS WITH PURCHASE OF ARCLINEA

Italian furniture brand B&B Italia has bought high-end kitchen maker Arclinea, marking "the first major milestone" in its growth since being acquired by investment firm Invest industrial. Milan-based B&B Italia, which this year celebrates its 50th anniversary, will become the majority stakeholder in Arclinea. The family-run firm was last year acquired by Italian private equity firm Invest industrial, which has an expanding portfolio of design brands, including lighting brand Flos.