Roche Bobois accelerates its presence in China with a majority stake

Roche Bobois SA, specialist in high-end furniture, announces the signing of a contract to acquire a majority stake in its franchisee in China, Shanghai Rock Castle Furniture. This operation is part of the brand's international expansion strategy and aims to stimulate growth in the Asian market.

Roche Bobois will take 51% of the capital of Shanghai Rock Castle Furniture, which manages 3 directly owned stores and 25 sub-franchises. The company also reserves the possibility of gradually increasing its participation to reach 100% in the medium term. The overall turnover of these stores in 2023 amounts to 23 million euros.

The Group anticipates an additional contribution of 19 million euros in turnover and 6 million euros in EBITDA over the full year. This acquisition allows Roche Bobois to consolidate its position on the Chinese market and optimize its operational processes.