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From Home Furnishing Business
Green River Group Completes Acquisition of Abbyson Living LLC
September 23,
2024 by Karen Parrish in Business Strategy, Industry
Green River Group, a third-generation family-owned business renowned for its legacy in the global furniture industry, announced it has successfully completed its acquisition of the assets and intellectual property of Abbyson Living LLC.
Angela Hsu, granddaughter of Green River Group's founder Omori Hsu, expressed her enthusiasm for this new chapter and has been appointed President of Abbyson Home.
The asset acquisition, completed in August 2024, represents a strategic integration of Green River Group's extensive sourcing and manufacturing capabilities with Abbyson's cutting-edge designs and expansive product offerings. This move signals the beginning of a new chapter for both organizations, with a shared commitment to driving growth, delivering exceptional products, and advancing sustainability in the furniture industry.
"We are incredibly excited to welcome Abbyson Home into the Green River family," said Hsu. "This acquisition allows us to harness the strengths of both organizations—combining Abbyson's 30-plus years of design expertise with Green River's robust global sourcing and manufacturing networks. Together, we will build upon Abbyson’s legacy, introducing hundreds of new, high-quality designs while elevating our sustainability efforts and operational efficiencies."
The acquisition promises to enhance Abbyson Home’s ability to deliver more innovative products and improve its supply chain, quality control, and delivery strategies. Expansion plans are already in place, with increased shipping capabilities from the Midwest and East Coast expected by 2025, significantly enhancing delivery speed for customers across the country.
Abbyson Home also plans to deepen its commitment to sustainability by reinforcing its leadership in eco-friendly manufacturing practices, aligning with the company’s vision to become a leading brand in FSC-certified furniture.
As part of the transition, Abbyson Home’s retail and e-commerce partnerships, innovative direct-to-consumer site, and industry-leading trade program will remain unchanged, ensuring continuity and stability for Abbyson’s customers and partners.
With a combined focus on innovation, sustainability, and growth, Abbyson Home and the Green River Group are poised to continue delivering top-quality products while building a brighter, more sustainable future in the furniture industry.