$30 Million Wood Store Fixture Firm Seeks Investor, Buyer

By Bill Esler | 06/09/2012 11:24:00 PM

 

EASTON, MD - Cormark, a retail wood fixtures manufacturer with $30 million in revenue and 650,000 square feet of operations split between Chicago and China, has retained Equity Partners to find a buyer or investor.

Equity Partner' describes Cormark's retail fixtures and store interiors business as "seeking immediate sale or equity," calling it a global manufacturer and distributor of retail fixtures, P-O-P displays and retail signage systems.

"We have had a lot of interest in Cormark," says Equity Parnter's Matt LoCascio. "We expect to have an agreement settled by July. Until then, it's business as usual as Cormark continues to serve its customers throughout this process."

Equity Partners says Cormark is ISO 9001:2000 certified, leases 300,000 square feet of space near Chicago's O’Hare International Airport "and another 350,000 square foot  manufacturing facility through its wholly owned foreign enterprise in China." A lengthier description in a PDF at Equity Partner's site Cormark's business.

Clients are said to include multinational brands, big box retailers in the DIY market, large discount retailers, top tier athletic shoe companies, and fashion and apparel brands.

"This is an outstanding opportunity to capture a quality customer base and sales volume, over 50 patents, and an Asian footprint," notes the offering.

Equity Partners, a unit of RB Capital, has handled a number of deals in the wood products industry, including furniture firm A. Brandt; cabinet maker  Belwood Manufacturing Co.;  Harris Furniture Reproductions, Inc.;  cabinet maker Longview Manufacturing; Dallas Woodcraft;  Loughman Cabinet Company; South Bay Forest Products; wood biofuel firm Batey, Inc.; and Woodworking Inc.

 

 

 

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ABOUT THE AUTHOR: Bill Esler

Bill Esler woodworkingnetwork Wood Lumber Custom Cabinets Bill Esler, Associate Publisher/ Editor in Chief, Woodworking Network Bill is responsible for editing Custom Woodworking Business and coordinating all content for Wood & Wood Products , CLOSETS , Woodworkingnetwork.com and Closetsdaily.com, along with related newsletters. Bill’s expertise includes using innovative print manufacturing techniques to grow audience engagement, using textured offset, digital printing, purls, QR codes; and lead-generating webcasts, custom websites, and custom digital and print content. Read Bill Esler's woodworking blogs

 


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