M&A Deal Summary

Leggett & Platt Acquires Zell Brothers

On September 3, 1999, Leggett & Platt acquired furniture company Zell Brothers

Acquisition Highlights
  • This is Leggett & Platt’s 4th transaction in the Furniture sector.
  • This is Leggett & Platt’s 6th transaction in the United States.
  • This is Leggett & Platt’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 1999-09-03
Target Zell Brothers
Sector Furniture
Buyer(s) Leggett & Platt
Deal Type Add-on Acquisition

Target

Zell Brothers

Red Lion, Pennsylvania, United States
Zell Brothers, Inc., provides services on Wood Office And Store Fixtures, Partitions, Shelving, And Lockers / Office & Store Fixtures Wood.

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Buyer(S) 1

Buyer

Leggett & Platt

Carthage, Missouri, United States

website


Category Company
Founded 1883
Sector Manufacturing
Employees19,900
Revenue 5.1B USD (2022)
DESCRIPTION
Entrance to Leggett & Platt's corporate headquarters in Carthage, Missouri.
Entrance to Leggett & Platt's corporate headquarters in Carthage, Missouri.

Leggett & Platt is a diversified manufacturer that conceives, designs and produces a wide range of engineered components and products found in many homes, offices, retail stores, automobiles and commercial aircraft. The Company's residential furnishing's segment supplies a variety of components used by bedding and upholstered furniture manufacturers in the assembly of their finished products. The Company's commercial fixtures and components group designs, produces, installs and manages our customers’ store fixtures projects as well as designs, manufactures, and distributes a wide range of engineered components and products primarily for the office seating market. The Company's industrial materials segment manufactures a variety of wires and tubing products. The Company's specialized product segment designs, produces and sells components for automotive seating, specialized machinery and equipment, and service van interiors. Leggett & Platt was formed in 1883 and is based in Carthage, Missouri.


DEAL STATS #
Overall 6 of 29
Sector (Furniture) 4 of 13
Type (Add-on Acquisition) 6 of 28
State (Pennsylvania) 1 of 2
Country (United States) 6 of 22
Year (1999) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-06-30 Met Displays

Chicago, Illinois, United States

Met Merchandising Concepts, located in Chicago, Illinois, designs and manufactures high-quality fixtures, forms, and displays for upscale retail stores. Met has established a leading position in the visual merchandising industry and serves a diverse group of prominent department store, specialty store, and branded consumer product companies operating vendor shops within retail stores. During the past several years, retailers and branded consumer companies have increasingly developed consistent identities to market and differentiate their products.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-01-01 Edmund Bell

Rochdale, United Kingdom

Edmund Bell & Co., Ltd., an sourcing and manufacturing high quality products in the soft furnishings market. We offer widest selections of high end curtain linings plus an edge collection of fire retardant fabrics and interlinings that include decorative blackout fabrics, dim-out fabrics and fashionable prints for both the home and contract markets.

Buy -