Yep it's true. After 80 plus years as a family owned company, Stokke AS has been sold to South Korean investment company NXMH BVBA (NXMH).
What this will mean for the future of Stokke in the UK is uncertain. We've asked for an official statement so stay tuned for any response that we receive.
In the meantime, this press release was issued by Stokke Norway on Friday 13/12/13.