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From Home Furnishing Business
Sport-Haley Completes Chromcraft Acquisition
November 11,
2013 by in Acquisition, Industry
The $3.45 million acquisition of furniture supplier Chromcraft Revington by apparel maker Sport-Haley is complete.
Sport-Haley Holdings has completed its $3.45 million purchase of furniture maker Chromcraft Revington.
The company, which is based in West Lafayette, Ind., has a factory in Senatobia.
Apparel maker Sport-Haley of Denver paid $2.7 million, and has promised to pay another $750,000 when Chromcraft's plant in Delphi, Ind., is sold or mortgaged, or 180 days after the merger is complete.
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Source: Enquirer-Herald.com