MotoMotion pivot: Board OKs expansion, corporate restructuring
However, there is no mention of its acquisition of Palliser in any company board proceedings CHANGZHOU, China — Changzhou MotoMotion Smart Home, a Shenzhen-listed manufacturer …
Category: Mergers and acquisitions
Canadel to enter bedroom category through acquisition of Canadian manufacturer JLM
The bedroom segment will fall under a newly created entity called NAD Home and aims to bring new products to the US market in the …
MotoMotion acquires upholstery manufacturer Palliser
Palliser executives confirmed the deal in a memo sent to employees on Tuesday WINNIPEG, Manitoba — Upholstery manufacturer Palliser has been purchased by long-time supplier …
La-Z-Boy completes sale of American Drew, Kincaid to Banner House
MONROE, Mich. — La-Z-Boy Inc. announced that it has completed the sale of its American Drew and Kincaid wholesale case goods businesses to Banner House …
Johnston Casuals springs to life under new ownership
Sam Raksin and Yossi Majer purchased the company from Joe Johnston earlier this year NORTH WILKESBORO, N.C. — When Sam Raksin and Yossi Majer purchased …
Revival American Contract Furniture offers a glimpse of success in domestic manufacturing
Company produces a line of upholstery for TOV Furniture and other well-known OEM resources HIGH POINT — With its purchase of Vision Contract Manufacturing here …
Court filing cites key factors leading to the demise of Bestar, Bush Furniture
High levels of unsold inventory post-pandemic were a major factor, but so was a $4 million settlement related to a July 2018 Bestar wall bed …
Making sense of the Banner House, La-Z-Boy deal
HIGH POINT — When Banner House announced a week ago that it had agreed to acquire American Drew and Kincaid from La-Z-Boy, news coverage outside …
Norway-based workplace seating resource Flokk acquires Spec Furniture from Sauder
With the acquisition, close to half of Flokk’s $550 million in revenues will be generated in North America OSLO, Norway — Norway-based workplace seating manufacturer …
What does the future hold in store for Palliser?
Letter to dealers suggests a potential future partnership with key supplier MotoMotion Furniture Editor’s Note: In case you missed it, this story ran in our …
