Stokke ‘Tripp Trapp’ Highchair Maker Said to Explore Sale

Stokke AS, the Norwegian maker of children’s furniture, has appointed advisers to explore a sale of the company, two people with knowledge of the matter said.

The company, based in Aalesund, Norway, and owned by the Stokke family since its founding in 1932, has appointed Goldman Sachs Group Inc. to examine strategic options that may lead to the sale of a majority stake this year, said the people, who asked not to be identified because the talks are private. Stokke may have an enterprise value of about 400 million euros ($536 million), the people said.