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From Home Furnishing Business

United Furniture Pays $1.45 Million for Former Lane Plant

Upholstery supplier United Furniture Industries’ $1.45 million bid for a former Lane Furniture factory in Verona, Miss., was the winning bid.

Duralee Acquires Gaetano

Fabric vendor Duralee has expanded its line of luxury fabrics with the acquisition of Gaetano Ltd.

MBO at Bush Inds.

A group of senior executives at Bush Inds. has acquired 100 percent of case goods and ready-to-assemble furniture company. Terms were not disclosed.

Dorel Completes Acquisition of Lerado Group

Dorel Inds. (TSX: DII.B) (TSX: DII.A) has completed the acquisition of Hong Kong-based juvenile producer Lerado Group.

Comvest Partners Acquires Old Time Pottery

Murfreesboro, Tenn-based Old Time Pottery, a retailer of home furnishings and other home related products, has been sold to Comvest Partners, a private investment firm.

Amtech Agrees to Buy Chromcraft-Revington

Amtech Management Ltd., the owner of Douglas Casual Living and Mastercraft, has signed a letter of intent to acquire the assets of Chromcraft-Revington and its related brands.

United Furniture Vies for Former Lane Factory

Growing upholstery supplier United Furniture Inds. is in the running to buy a former Lane office and warehouse in Verona, Miss. United is bidding against Florida-based McCormick Drive LLC, a company whose business records list Ron Wanek, chairman of Ashley Furniture, as manager.

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