M&A Deal Summary

The New Image Group Acquires Lara s Crafts

On December 1, 2005, The New Image Group acquired forest products company Lara s Crafts

Acquisition Highlights
  • This is The New Image Group’s 1st transaction in the Forest Products sector.
  • This is The New Image Group’s 1st transaction in the United States.
  • This is The New Image Group’s 1st transaction in South Carolina.

M&A Deal Summary
Date 2005-12-01
Target Lara s Crafts
Sector Forest Products
Buyer(s) The New Image Group
Deal Type Add-on Acquisition

Target

Lara s Crafts

Union, South Carolina, United States
Lara's Crafts, Inc. is a manufacturer and supplier of wood parts and accessories for the craft and hobby industry.

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Buyer(S) 1

Buyer

The New Image Group

Union, South Carolina, United States

website

Category Company
Founded 2003
Sector Consumer Products
DESCRIPTION

The New Image Group provides crafted products including acrylic felt, wood products, sun catchers, sand art, kids’ crafts, and related items. The New Image Group was founded in 2003 and is based in Union, South Carolina.

DEAL STATS #
Overall 1 of 1
Sector (Forest Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (South Carolina) 1 of 1
Country (United States) 1 of 1
Year (2005) 1 of 1
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