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Interlude buys Weiman.(Interlude Home purchasing Weiman Company Inc.)
Furniture-Today
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April 26, 2006|
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COPYRIGHT 2006 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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By Gary Evans
Mfr. doesn't fit Bassett's strategy
At The Market- Accessories source Interlude Home Inc. has purchased contemporary upholstery manufacturer Weiman/Preview from Bassett Furniture Inds.
A purchase price was not disclosed.
"We know it's bold for a company specializing in accessories to buy one that designs and manufactures furniture. But the challenges we've met in growing Interlude Home have been extremely complex and similar to what we face with Weiman. It's a very natural, strategic next step," said Carl Philips, ...
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