|L to R: Don Daseke, chairman of the board, East Teak;
Wayne Rogers, president and CEO, East Teak; Don
Thompson, president and CEO, Thompson Mahogany
(Photo: Business Wire)
DALLAS â Thompson Mahogany Co., a hardwoods importer based in Philadelphia, has merged with East Teak Fine Hardwoods Inc., an importer of European teak and other hardwood products based in South Carolina and Washington state, according to Reuters.
Thompson Mahogany Co. will operate as a wholly-owned subsidiary of East Teak, yet will maintain full operational autonomy from its headquarters location. The combined entities will leverage the strength of both companies to better serve customers in the residential, commercial, hospitality and marine industries.
Have something to say? Share your thoughts with us in the comments below.