13 Design Industry Mergers & Acquisitions
The latest news on design firms and manufacturers.
A subsidiary of commercial interior design product distributor Sangetsu Corporation has purchased Koroseal Interior Products, another distributor. Koroseal specializes in commercial wallcoverings, wall protection systems, and dry-erase wall coverings.
Knoll has acquired DatesWeiser Furniture Corporation, a Buffalo-based manufacturer of contemporary wood conference and meeting room furniture. Allan Weiser will continue serving as the company’s president, leading the sales and operations teams.
Kitchen and bath manufacturer XYNC Brands, which produces Ryvyr and Hembry Creek products, has been acquired by ELK Group. XYNC Brands president Hal Weinstein will continue to oversee the brand during the transition.
Littlejohn & Co., a private investment firm based in Greenwich, Connecticut, has acquired Brown Jordan, manufacturer of outdoor furniture and accessories.
Architecture and interior design firm Intec Group has acquired John Cooney Associates (JCA) Architects. JCA will enhance Intec Group’s portfolio with notable projects including the Mosaic District, Union Market, and Cathedral Commons.
Munich-based industrial holding Adcuram has acquired a controlling stake in Poggenpohl, designer and manufacturer of luxury kitchens. Poggenpohl will enter into a new growth phase under Adcuram, which will include expanding the brand’s product portfolio and streamlining its production.
Levine Contract Furniture Group has assumed sales responsibility of Gordon International in the New York metro region. Both companies, which specialize in contract furnishings, have showrooms on the 14th floor of the New York Design Center.
American Seating Company has sold its architectural fixed seating business to Irwin Seating Company, a leading manufacturer of audience seating for entertainment projects. American Seating Company will focus its resources on the transportation seating market.
Matt Newstrom and Shastan Jee have purchased SmithCFI, Steelcase’s distribution partner in Oregon. SmithCFI will retain all employees and maintain current operations at its current Portland showroom and headquarters. The company also has offices in Bend and an operations center on Swan Island.
Vitracor Inc., also known as California Glass Bending, has merged with Pulp Studio, Inc, and will now operate as a division within the company. The companies will move to a 150,000-square-foot facility in Gardena, California. The merger and new facility coincides with Pulp Studio’s 20th anniversary.
Residential furnishings and textiles manufacturer Holly Hunt has acquired the brand of late furniture designer Vladimir Kagan, who was previously represented by Ralph Pucci International. Watch Vladimir Kagan’s Hall of Fame documentary.
De Padova has acquired 75% of Danish furniture manufacturer MA/U Studio. Mikal Harrsen, who co-founded MA/U Studio in 2012 and pioneered the brand’s minimalist approach, will assume the role of executive brand director.
STARK has merged its fabric division with Scalamandre to form a new company under the latter’s name. Chad Stark and Louis Renzo were named president and CEO, respectively. STARK’s luxury flooring division will be unaffected by the merger and operate as a separate entity. STARK’s fabric lines, which include Old World Weavers, Fonthill, and Grey Watkins, will continue as distinct brands carried by Scalamandre; fabric and wallcovering lines previously represented by STARK, including Lelievre, Tassinari & Chatel, Missoni Home, and Sandberg, will now by represented by Scalamandre.