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.
LOS ANGELES – Platinum Equity announced it has entered into a definitive agreement to acquire the Cabinetworks Group from American Industrial Partners, GIC and other equity holders. Terms of the acquisition, announced April 5, were not disclosed. The transaction is subject to customary closing conditions and is expected to close in the second quarter of 2021.
Texas cabinet manufacturer navigated through the pandemic, making adjustments to its manufacturing process and operating system.
BASSETT, Va. – Bassett Furniture Industries announced it is in lease negotiations for a 123,000-square-foot manufacturing facility in Newton, North Carolina to increase its upholstery manufacturing capacity.
Harger has contributed to Kolbe's growth and innovation for 15 years, including numerous Kolbe window and door product developments.