Announced April 19, the transaction is expected to close by the end of the third quarter of calendar year 2021, subject to customary approval of closing conditions. The acquisition combines two of the top 5 contract furniture makers in North America.
DALLAS, Texas – Republic Manufacturing, a producer of pumps used for woodworking CNC vacuum hold down, has acquired Joost Industrial LLC. Joost is a longtime distributor of Republic's blowers, vacuum pumps, and air knives. Terms of the acquisition were not disclosed. “Joost offers an exciting opportunity for Republic to strengthen its product and service offering in the Rocky Mountain and western regions of the United States,” said Zach Goff, CEO of Republic Manufacturing.
The acquisition will enhance the offerings of both companies for Industry 4.0 technology.
The Wichita, Kansas-based R.D. Henry & Co. will continue to operate as a separate entity, as a subsidiary of Superior Cabinets. One of Western Canada's leading kitchen cabinet manufacturers, Superior Cabinets is based in Saskatoon, Saskatchewan.
New American Design furniture designer and manufacturer Uhuru Design has reached a definitive agreement to acquire the assets of Renegade Customs, a furniture design firm serving retail, hospitality and high-end residential customers.
Metrie has acquired Pacific MDF Products Inc. and Canadian MDF Products Co., collectively known as Pac Trim, with plants in Rocklin, California, and Edmonton, Alberta.
Kitchen Tune-Up becomes the fifth brand in the Home Franchise Concepts portfolio, joining Tailored Living featuring PremierGarage, Budget Blinds, Concrete Craft and AdvantaClean.
SPRINGFIELD, Ore. – Timber Products Co. has acquired a 20-acre facility in Thomson, Georgia that will serve as the eastern hub for the rapidly expanding TP Logistics. The company said the acquisition allows Timber Products to provide full 3PL services, an enhanced customer experience, and expansion of its vertical integration into the Southeast United States. The new facility is scheduled to open in January 2021. Timber Products noted this is the first in a series of planned acquisitions as TP Logistics begins to spread its footprint across the United States.
The acquisition is expected to close in the fourth quarter of 2020. Interfor curtailed operations at the Gilchrist specialty sawmill in June, citing COVID-19 related factors.