BRAZIL – The Sellers Project is an event comprised of business rounds between the Brazilian furniture industry and potential international buyers.
Scavolini opens its third store in the US
U.S. – Scavolini, the leading Italian kitchen furniture manufacturer, opened a new Scavolini Store Miami, in Coral Gables. Located just two blocks south of Miracle Mile, with a surface area of 330 square meters, Scavolini Store Miami represents a new exciting challenge for the kitchen exporter.
Arauco prepares entry to the premium furniture industry
CHILE – Arauco, the second world producer of wood panels, plans to advance in innovation and is preparing for the end of this year the launch of a new company: Me-do, linked to the furniture industry. The project was presented in April at the Milan Furniture Fair.
Colombian exports of wooden furniture grow 31.3% in 6M-2018 led by RTA Muebles
COLOMBIA – Colombian exports of wooden furniture maintained its remarkable growth path in the first half (6M) of 2018, totaling USD 15.2 million, representing a strong increase of 31.3% compared to the same period of 2017 (USD 11.6 million).
Nobia acquires Bribus in the Netherlands
Famoc Depanel leads ranking of Colombian furniture manufacturers in 2017
COLOMBIA – For the first time in 2017, the manufacturer of office furniture Famoc Depanel ranked first among Colombia’s furniture manufacturers.
Peruvian awarded for its iFurniture startup at APEC O2O Summit 2018
TAIWAN – Peruvian Vaneza Caycho received the prize for an entrepreneur in Taiwan for her startup iFurniture, an online platform for personalized furniture design using digital carpentry.
Strategic alliance between Nowy Styl Group and HNI
U.S./POLAND – This partnership will allow HNI and Nowy Styl Group to create a homogenous service and support network for global clients. With common values and a coherent vision, the companies will be able to offer the same level of services and effective solutions around the world, and thus support clients in the dynamic international market.
Steelcase to acquire Smith System, industry leader in education market
U.S. – Steelcase Inc. announced that it has signed a definitive agreement to acquire Smith System Manufacturing Company, a Texas-based manufacturer of high quality furniture for the education market designed to inspire better learning and improve outcomes for students.
Bush Industries acquired by private equity firm
U.S. – Lorraine Capital, LLC, a Buffalo NY private equity firm, in partnership with Landon Capital Partners, LLC, of Boston and Ironwood Capital, LLC of Avon CT, has acquired Bush Industries Inc., a leading office and home furniture manufacturer, in a move that will bolster the company’s ability to serve commercial office and residential customers with quality products meeting the company’s strategic focus: easy, fast, affordable.
Herman Miller invests USD 66 million in Danish manufacturer HAY
USA – Herman Miller, Inc., the global designer and furniture manufacturer, announced it acquired a 33 percent equity interest in Nine United Denmark A/S (HAY) for USD 66 million.
Fantoni receives the first “Made in Italy Furniture” certificate
ITALY – In the past days the first “Italian furniture origin” certification has been officially granted to Fantoni under the new product certification joint scheme of Catas and Cosmob.