The co-founders of Dutch furniture and lighting firm Moooi have regained total control of the company after acquiring the stake held by Italian design brand B&B Italia.

Marcel Wanders and Casper Vissers — who founded Moooi back in 2001 — have paid an undisclosed sum to buy back the outstanding 25 per cent of the business they didn’t already own.

B&B acquired a 50 per cent stake in the then €6m turnover Moooi business back in 2006, and then helped the firm to grow revenues to current levels of around €23m. B&B sold 25 per cent of the business back to Moooi’s co-founders two years ago.

Moooi is a contemporary design brand majoring in furniture and lighting sold to buyers in nearly 70 countries worldwide.