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Management Team Acquires Hickory Hardware
December 22,
2008 by in UnCategorized
By Home Furnishings Business in Acquisition on December 23, 2008
Belwith Products LLC, Grandville, Mich., which was formed by management personnel from Hickory Hardware, has acquired hardware vendor Hickory Hardware from Melrose plc for an undisclosed amount.
Belwith Products will design and market Hickory Hardware brand cabinet, door, security and builder's hardware, as well as legacy brands Belwith, Belwith-Keeler, First Watch, Period Brass, Designer Collection and Keeler Brass, to retail, distribution, showroom, co-op and OEM channels in the United States and Canada.
"Our customers are very supportive of this change in ownership," said Andy Fedor, partner and president, Belwith Products. "This move is a return to our roots in Michigan, where we forged our reputation for a high level of service and for supply chain efficiency. We are committed to continuing our design leadership in the industry while providing the best quality products and programs to our customers in an on-time and complete manner."