U.S. – Herman Miller, Inc., the global designer and furniture manufacturer, announced on October 8th it signed an agreement to acquire an additional 34% equity interest in HAY A/S (“HAY”) for approximately USD 78 million.
Knoll acquires Fully, Portland’s pioneer online furniture brand
Another furniture producer bets on tool-less furniture assembly
HONG KONG – The latest furniture manufacturer to forgo connectors/tooling in favor of Threespine® click furniture technology is Hong Kong based children’s furniture manufacturer ANCA.
Ashley Furniture enters the RTA furniture market
U.S. – Ashley Furniture Industries, Inc. (Ashley), one of the largest manufacturer of home furnishings in the world, announced the acquisition of Homestar North America LLC’s facility in Statesville, North Carolina to launch the company’s latest initiative of Ready-To-Assemble (RTA) furniture.
Omega and Grass establish strategic alliance for future growth
AUSTRIA – UK kitchen manufacturer Omega PLC and Austrian fittings specialist Grass recently announced a wide-ranging collaboration.
A30 Küchenmeile 2019, the largest showcase of the German kitchen industry
GERMANY – A30 Küchenmeile is a unique opportunity to visit a coordinated open house of each of the leading kitchen manufacturers located on the famous kitchen mile in East-Westphalia (Germany).
American Woodmark Corporation announces 1Q results
U.S. – American Woodmark Corporation, a leading kitchen furniture manufacturer, announced results for its first fiscal quarter ended July 31, 2019.
The founder of the furniture company Alvic dies
SPAIN – Alejandro Rosales, founder and president of the Spanish group Alvic, has died in Marbella at age 77.
Colombian exports of wooden furniture grow 31.3%
COLOMBIA – In the first six months of 2019 Colombia exported wooden furniture for USD 20.07 million, a 31.3 percent growth compared to the first half (1H) of 2018 when exports reached USD 15.28 million.
Top brands confirm presence in Movelsul Brazil 2020
BRAZIL – Movelsul Brazil, the main furniture fair for retailers and importers in Latin America, already has 75% of its spaces sold for the next edition, which will take place from March 16 to 19, 2020 in Bento Gonçalves.
Ikea is closing its only U.S. factory
USA – Ikea announced that it is be closing its only U.S. manufacturing facility located in Danville, Virginia.
Famoc Depanel again leads ranking of Colombian furniture manufacturers in 2018
COLOMBIA – For the second consecutive year, in 2018 office and institutional furniture manufacturer Famoc Depanel ranked first, according to the level of sales, among Colombia’s leading furniture manufacturers.