ST. AUGUSTINE, Fla. - Brown Jordan International has acquired Castelle Furniture, a maker of casual furniture with plants in Costa Rica. Combined, the companies will generate net sales of nearly $400 million.
News of the acquisition was announced May 17. Details of the transaction were not disclosed.
According to a statement from Brown Jordan, the company's headquarters will be located in St. Augustine, Florida. The company will maintain manufacturing, design and administrative operations in five U.S. states as well as Costa Rica and Juarez, Mexico.
"We have long admired Castelle's manufacturing capabilities and its very productive Costa Rica facility. We are excited for the opportunity to leverage our complementary customer relationships, product lines, and financial strength with the Castelle team. The brand has a long-established reputation for outstanding furniture quality and we are excited for its potential for growth," said Gene Moriarty, Brown Jordan International's president and CEO.
Rory Rehmert will remain as senior vice president of sales for Castelle.
Founded in 1945, Brown Jordan International is a designer, manufacturer and marketer of casual home and contract/hospitality furnishings, with brands including Brown Jordan, Winston, Casual Living Worldwide, Charter, Tropitone and Texacraft. The company ranked 27 on the recent FDMC 300 listing of North America's largest wood products manufacturers.
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