Vaughan-Bassett acquires Va. House

Article Abstract:

Vaughan-Bassett, a Galax, VA-based company, has purchased Virginia House, a solid-wood specialist, for an undisclosed amount. Vaughan-Bassett intends to keep the Virginia House name and product line as well as the top management of the company. Terms of the agreement calls for Vaughan-Bassett to make Virginia House a wholly-owned subsidiary, running it as a separate entity, with its own offices, factories and sales force. The acquisition includes two Virginia House plants, which include a 225,000-sq-ft case goods factory and a 175,000-sq-ft chair plant.

Comment:

Purchases Virginia House, a solid-wood specialist, for an undisclosed amount

Asset sales & divestitures, Nonupholstered Wood Household Furniture Manufacturing, Household and Institutional Furniture Manufacturing, Household Furniture & Bedding, Wood Household Furniture, Wood furniture, Household furniture, Vaughan-Bassett Furniture Co., Article, Virginia House Furniture Corp.

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Sherrill Furniture buys stake in Theodore Alexander

Article Abstract:

Sherrill Furniture has acquired a minority share in furniture maker Theodore Alexander. The terms of the deal were not made available. Theodore Alexander is a furniture producer based in Vietnam.

Vietnam, Furniture industry, Sherrill Furniture Co., Theodore Alexander

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Micro-D, Exim Technologies merge

Article Abstract:

Micro-D has reached a deal to merge with Exim Technologies. Both companies are software industry suppliers. Terms of the merger were not made available.

Computer software industry, Software industry, Micro D Inc., MCRD, Exim Technologies

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