LVMH-backed investment firm L Catterton has signed a strategic agreement to invest in Seki Furniture, one of Japan’s leading furniture manufacturers and retailers. 

Founded in 1968 in Okawa, Seki Furniture has grown from a wholesale business into a leading omnichannel company with 26 retail stores, including its Crash Gate brand, and a strong presence online. 

Seki holds the largest share of Japan’s wholesale residential furniture market and is expanding in sectors like offices, hotels, restaurants, and hospitals.

The company has an experienced in-house design team and a wide supplier network. Its brands, especially Relaxform, are recognised for design, quality, and price.

“Going forward, we will work together with L Catterton to achieve further medium- to long-term growth and enhance our corporate value, while continuing to provide our customers with services and products that deliver lasting value,” said CEO Hideki Haruta.

L Catterton has previously invested in home furnishing companies, including Restoration Hardware and Boll & Branch.

Earlier this year, the firm signed a strategic agreement with Japanese premium fishing gear manufacturer Megabass to support the latter’s expansion.