Dorel Industries Inc. has entered into an extensive equipment investment at three of its North American factories as well as the purchase of Notio Living, an ecommerce home furnishings firm based in Holstebro, Denmark.
Publicly traded Canadian furniture giant Dorel Industries has announced it will go private after making a deal to sell to a group of buyers made up of Dorel management, family owners, and Cerberus Capital Management.
Dorel Industries Inc.’s sports and home divisions got a boost from COVID-19 lockdowns during the second quarter. The strong showing of those two divisions more than offset losses sustained by Dorel’s juvenile segment.
Dorel Industries Inc. announced that its Dorel Home segment has acquired the assets and operations of UK-based Alphason. Alphason designs and distributes award-winning home office and audio-visual furniture.
Ameriwood Home, a manufacturer of casegoods and residential furniture, is recalling 1.6 million of its Mainstay four-drawer chests after one of the chests fell onto a four-year-old.
Dorel Home, the company’s furniture business, reported that fourth-quarter revenue rose 1.8 percent to US$177 million, the segment's highest quarter ever.
Safety 1st Wood Decor highchairs, imported from China by a division of Montreal-based Dorel Industries, are being recalled by the U.S. Consumer Product Safety Commission (CPSC) for a safety violation.