Daily News
From Home Furnishing Business
IMC to Buy Atlanta Decorative Arts Center
August 22,
2018 by Jane Chero in Acquisition, Business Strategy, Designer Weekly, Industry
The 550,000-square foot ADAC property, located in Atlanta’s Buckhead district, has long been a preferred destination for the southeastern design community, it houses more than 60 showrooms and 27 design studios open to interior designers, architects, builders and design enthusiasts.
The acquisition brings ADAC into the IMC national home furnishings network to create strategic business opportunities among all properties. With the addition of ADAC, IMC becomes the world’s largest owner and operator of trade mart properties encompassing more than 20 million square feet of facilities serving the global home furnishings, design and fashion apparel sectors.
Katie Miner, ADAC general manager, will continue in her current role while Robert Maricich, CEO of IMC, will lead the combined entity. ADAC will continue to operate under its branded identity.
“ADAC is a trusted resource for many of the nation’s most respected designers and is a dominant force in the southeastern design community,” said Maricich. “We applaud its sustained success under Katie’s leadership and look forward to the continued growth she envisions across a broad spectrum of innovations and opportunities. ADAC is distinguished by an extraordinary history, select product mix and diverse customer base. It becomes an essential addition to our design community franchise.”