Leggett & Platt (NYSE: LEG), a major supplier of furniture and bedding components, has announced that it has entered into a definitive agreement to acquire Elite Comfort Solutions, Inc. (ECS) for $1.25 billion in cash.
Office furniture producer Kimball, a subsidiary of Kimball International, Inc. (NASDAQ: KBAL) has announced the pending acquisition of David Edward.
Parent Company of Century Furniture and Hancock and Moore, Rock House Farm Family of Brands (RHF Investments Inc.), has announced that it has received final court approval of its bid to acquire substantially all assets of the Hickory Chair, Maitland Smith, Pearson, and La Barge furniture brands from Heritage Home Group, LLC.
Private Equity firm J.W. Childs Associates, L.P. has acquired RTA Supplier Walker Edison from founders Brad Bonham and Matt Davis and Caltius Structured Capital (Caltius). Bonham and Davis will retain a significant ownership stake in the business.
Furniture care resource Guardsman has announced its acquisition by the Amynta Group, an industry- leading group of warranty, managing general agent and specialty risk companies.
On the heels of the recent merger between IMC and AmericasMart Atlanta, International Market Centers (IMC) has signed an agreement to acquire the Atlanta Decorative Arts Center (ADAC), a design facility that houses the Southeasts’ largest collection of residential, hospitality and commercial applications. The purchase should be completed by late September. Terms of the deal were not disclosed.
International Market Centers (IMC) has announced the finalized acquisition of AmericasMart Atlanta. The merger creates the world’s largest permanent mart for the furniture, gift, home décor, rug, and apparel industries.