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Harbour Group Acquires Thibaut Design
Wallpaper and upholstery firm Thibaut is now part of the Harbour Group Family of companies according to Jeff Fox, Harbour Group’s chairman and CEO.
Thibaut Design produces wallcoverings, fabrics and upholstered furniture and serves high-end residential interior designers.
"Thibaut is a great addition to the Harbour Group family," said Fox. "Its brand and products have truly stood the test of time over its 130 year history. Management has done an excellent job growing the company and we are excited to work together to continue that trajectory both organically and through acquisition."
Bob Senior, Thibaut's CEO, added, "We look forward to continuing to grow and improve the operations of our business with the help of Harbour Group's team. We believe their knowledge of operations along with our deep understanding of our industry will allow us to continue growing at an accelerated pace."
Harbor Group is a privately owned, operations-focused company based in St. Louis.
Terms of the transaction were not disclosed.