LOUISVILLE, Ky. - Rev-A-Shelf Co. LLC announced it has reached an agreement in principle to purchase Top Drawer Components of Apache Junction, Arizona.
The acquisition is expected to be completed by the end of April. Terms of the agreement, announced April 9, were not disclosed.
Rev-A-Shelf said it will continue and expand all manufacturing for Top Drawer out of the Apache Junction facility. Top Drawer Components is a leading manufacturer of wood drawer boxes and accessories in the Southwestern United States.
The company will become a subsidiary of Rev-A-Shelf and service an expanded customer base. Rev-A-Shelf said it will retain all current staff and management going forward.
“We are very excited about the acquisition of such a well-respected company with a culture of quality that matches our own," said David Noe, GM/ VP of Rev-A-Shelf, "Top Drawer will allow us to grow into a closely related market with wood drawer box and accessories both regionally and nationally. We wanted the capability to produce 'Made in America' wood accessories that will grow Top Drawers’ current model and supplement the needs of our core Rev-A-Shelf customers as well. It is the perfect platform to establish our domestic wood product production."
Brian Emerson, owner of Top Drawer, added, “I am very pleased to find the right partner to acquire and grow my business. I know that Top Drawer has the potential to really expand with the resources that Rev-A-Shelf will add. I look forward to working with them and expanding on a solid foundation we have established. Our existing customers will see expanded capabilities, and through strategic investment, we will be able to grow our footprint and enter new markets. This is a very positive step forward for Top Drawer.”
Established in 1984 and headquartered in Louisville, Kentucky, Rev-A-Shelf specializes in storage solutions for the kitchen, bath and closet, including two-tier cookware organizers, grooming organizers, and belt/scarf racks, plus LED lighting for residential cabinetry and commercial display fixtures. The company acquired lighting specialist Tresco Lighting in 2011 and Sidelines, a specialist in home organization and accessories, in 2019. Other recent acquisitions include Glidware in 2017 and kitchen composter CompoKeeper in 2018.
Rev-A-Shelf will be displaying its latest products at the co-located Closets Expo and Wood Pro Expo, June 8-10 in West Palm Beach, Florida.
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