October 19, 2018
Sell-Side M&A
Furniture
Office furniture specialist Kimball has signed a definitive agreement to acquire David Edward, the family-owned manufacturer of upholstery and furniture targeting the corporate, health care, education and hospitality markets.
“We were inspired by the employees’ commitment to quality and their incredible tailoring skills,” says Kimball president Mike Wagner. “We will further invest in David Edward and build their brand by broadening their ancillary product portfolio.”
Additionally, Wagner expects to leverage David Edward’s expertise to expand Kimball’s range of seating and help fuel growth of the manufacturer’s Kimball Health assortment. Read more at Interior Design Magazine
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