Breaking News: 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 …
Category: Mergers and acquisitions
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 …
Breaking News: Banner House to acquire Kincaid, American Drew from La-Z-Boy
Brands will be positioned at the top of the company’s line that now includes Magnussen, SLF and Pulaski HIGH POINT — In a move aimed …
Elements International reaches agreement to sell Style Line Furniture to Jonathan Louis
Sale would include Verona, Mississippi, upholstery manufacturer’s assets including 350,000- square-foot plant and surrounding real estate VERONA, Miss. — Full-line resource Elements International Group LLC …
