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Home furnishings industry

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Firm buys 70% stake in Bob's

Article Abstract:

Private equity firm Saunders Karp & Megreu of Stamford, Connecticut, bought percent of the Bob's Discount Furniture shares. This will help Bob's furniture products diversity its market other than New England. The furniture company had sales of more than $250 million in 2004.

FURNITURE AND FIXTURES, Furniture industry, Saunders, Karp and Megrue

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Gilmartin set to acquire majority stake in Covington

Article Abstract:

The Gilmore family, owner of Covington Industries Inc., is divesting its stake in the company to a private equity firm and management group led by Roger Gilmartin, the company's executive vice president and chief operating officer.

TEXTILE MILL PRODUCTS, Textile industry, Gilmartin, Roger, Covington Industries Inc. (Opp, Alabama)

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Roche-Bobois sells stake to French investment firm

Article Abstract:

Banexis Capital Partenaires has acquired a minority share of Roche-Bobois USA from parent firm Roche-Bobois. Banexis acquired 12% of the furniture group's unit.

Asset sales & divestitures, Foreign operations, France, Household and Institutional Furniture Manufacturing, Household Furniture, Household Furniture & Bedding, Roche-Bobois U.S.A. Ltd., Banexis Capital Partenaires

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