Ganz Acquires Midwest-CBK

October 2, 2012  by in UnCategorized   

By Home Furnishings Business in on October 3, 2012

Toronto-based gift company Ganz has acquired Midwest-CBK, supplier of holiday, gift and home décor, from MVP Group.

The deal includes the Midwest-CBK brand name, holiday, gift and home and outdoor décor business. 

"Midwest-CBK is a perfect addition to the Ganz family of brands, a company with a similar heritage, strong values, experience, vision and focus," says Scott Wehrs, president of Midwest-CBK. "By combining forces, both Midwest-CBK and Ganz will continue to grow and provide the industry with exceptional new product design and development, and outstanding service."

"This acquisition unites two renowned and highly respected market leaders, combining the strengths of both companies with best-in-class people, products, service and support for independent retailers," said Howard Ganz, president of Ganz. "This strategy brings many benefits and opportunities to retailers through an unmatched selection of holiday, gift and home décor products, innovation in products and programs, depth of design and outstanding sales and support teams, backed by a company with the combined resources of Midwest-CBK and Ganz."

Midwest's and Ganz's product development and sales teams will continue to operate independently thereby allowing each to focus on their strengths.