Schmidt takes majority stake in Spanish startup Cubro

Schmidt Groupe (Schmidt, Cuisinella, ID Pro, and Spoon & Room) announces its majority stake in Cubro, a young Madrid-based company specializing in digital interior design. Founded in 2019 by Jaime Pont and Jorge Cienfuegos, Cubro has rapidly expanded in Spain and Europe thanks to its concept of customizing standard furniture and a wide range of designer fronts, attracting a young, connected clientele as well as numerous specifiers. This rapid growth has enabled it to reach €6 million in revenue by 2024. This alliance illustrates Schmidt Groupe's desire to accelerate its omnichannel transformation and expand its international presence, by combining its industrial and logistics expertise with Cubro's digital agility. For both partners, the objective is clear: to combine innovation, customization, and inspiration to strengthen the attractiveness of their offerings and conquer new European markets.

Photo credits: Schmidt-Cubro