Joan Fabrics completes Mastercraft buy

Article Abstract:

Joan Fabrics has completed the acquisition of the former Mastercraft Group from Collins & Aikman. The company will become a wholly-owned subsidiary of Joan Fabrics and will be known as Mastercraft Fabrics LLC. The company will remain separate and will be led by president Harry Schoen. The acquisition bolsters Joan Fabrics' hold on the top spot in the fabrics business, with sales of around $500 million a year.

Asset sales & divestitures, Other Home Furnishings Stores, Drapery, Curtain & Upholstery Stores, Mastercraft Group

---

Bon Ton to buy 142 Saks units

Article Abstract:

The agreement of York, Pennsylvania based Bon-Ton Stores to acquire the Northern Department Store Group of Saks Inc., to become the ninth largest furniture and bedding department store group in the United States is discussed.

Department Stores, Parent-to-subsidiary activities, Subsidiary-to-parent activities, Mergers, acquisitions and divestments, Company acquisition/merger, Saks Inc., SKS, The Bon-Ton Stores Inc., Subsidiaries, divisions and units, BONT

---

Similar abstracts:

• Abstracts: Hendricks taps Easter. Griffin joins Rainbow Rentals. Rainbow Rentals founder Hendricks departs; Harris is promoted to COO
• Abstracts: Stanford offers many performance fabric covers. Market party on tap for calendar cuties. Research backs Stainmaster move
• Abstracts: Simmons retains adviser to sell 104 Western stores. Simmons to build factories in three states. Post creating new format for Dormia stores
• Abstracts: Innovative designs, colors drive upholstery. Buyers scour Tupelo for upholstery values. Timing right for Tupelo: companies start hiring as upholstery demand grows
• Abstracts: Function, style comes on strong. Global renamed Heirloom Traditions. Sources explore outdoor opportunities

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.