The Vita Group, one of the largest suppliers to the U.K.'s upholstery and bedding sectors, has acquired Technical Foam Services, a foam conversion business based in Corby, Northamptonshire.

Venture capital company True owns 10.5 percent of the voting rights in bedding retailer Bedfolk following its previously-announced investment earlier this year.

Danish ready-to-assemble furniture makers Tvilum and Steens have built on ownership ties first formed three years ago with the former acquiring the latter for undisclosed terms.

Lars Larsen Group has added to its roster of international furniture brands with the acquisition of SofaCompany, a €73 million turnover direct-to-consumer brand operating in multiple markets.

Recticel, the Belgium foam conglomerate and a key supplier to U.K. sofa and mattress manufacturers, says the €755 million takeover approach by rival Greiner is nowhere near high enough.

An early spring prepack deal that saved seven showrooms trading as In-Toto Kitchens left creditors facing a multi-million shortfall.

A slew of private equity bidders are said to have been shortlisted as a sale of mattress company King Koil China nears a potential conclusion.

Timothy Oulton, owner of the eponymous international furniture brand, increased his stake in interior design company Andrew Martin International last year after acquiring the shares of a number of outgoing shareholders.

Design Holding, the investment group behind prestige furniture and lighting brands including B&B Italia, Louis Poulsen and Flos, has agreed to buy YDesign Group, a large U.S. based ecommerce lighting retailer.

Herman Miller and Knoll, both major players in the supply of office furniture worldwide, are to merge, with the former buying the latter in a deal worth $1.8 billion.

Ingka Investments, the Netherlands based operator of 378 IKEA stores worldwide, is to acquire a 49 percent stake in Ikano Bank with the option to buy the finance company outright at a later date.

Joules Group, the fashion and lifestyle company, has taken a decisive step into the furniture and home sector after agreeing to buy The Garden Trading Company, a fast-growing online retailer with a substantial wholesale arm.

Häfele, the furniture fittings and hardware conglomerate, is to acquire Moebelplus, an ecommerce business majoring in white goods and small appliances.

NorthEdge Capital has strengthened its ties to the home furnishings sector after backing a management buyout (MBO) at an expanding decorative lighting business.

Technology group ClearCourse Partnership has acquired The Swan Group, which provides furniture retail management software to some of the U.K.'s largest furniture retailers.

Egger Group, the wood-based materials conglomerate with a big presence in the U.K. market, has acquired a minority stake in an Italian company that makes decorative facings for furniture.

Ilkeston based Belfield Group added foam and fibre products manufacturer Clinchplain to its roster of furnishings-related companies in an unheralded deal that completed in the days before lockdown.

The value of listed furniture companies across the world tumbled yesterday as coronavirus fears combined with a slump in the price of oil to send shares into freefall.

French tableware and furniture hire conglomerate Options has acquired GreatHire, a London based company that has provided furniture for State visits in addition to weddings, corporate and PR events.

Regional window dressings manufacturer and retailer Homefair Blinds has been sold to its management team in a transaction that provides an exit for its former owners.

Moda Furnishings, the outdoor and conservatory furniture retailer, has been sold to private equity investor Endless. Terms were not disclosed.

National general merchandise wholesaler Stax Trade Centres has acquired hardware and ironmongery business M.P. Smith & Co, one of its longstanding suppliers.

Swan Retail, which majors in providing retail software to the furniture, garden and department store sectors, has acquired rival business Touchretail.

Ashley Wilde, the circa £31 million turnover Hertfordshire fabrics group, has bought Lanarkshire soft furnishings supplier Voyage Decoration out of administration.

Steinhoff International Holdings has fleshed out plans to restructure the debts of its Steinhoff Europe AG (SEAG) business unit, lining up EY as supervisor to a company voluntary arrangement (CVA).

Klarna has agreed to buy Close Brothers Retail Finance in a move that shifts the Swedish banking and payments business from the periphery of the furniture retail sector to its core.

Harveys and Bensons for Beds owner Steinhoff is to enter the fashion market after agreeing to acquire one of the largest non-food retailers in the Southern Hemisphere.



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