M&A Deal Summary

Albany Industries Acquires Albany

On June 8, 2018, Albany Industries acquired furniture company Albany

Acquisition Highlights
  • This is Albany Industries’ 1st transaction in the Furniture sector.
  • This is Albany Industries’ 1st transaction in the United States.
  • This is Albany Industries’ 1st transaction in Mississippi.

M&A Deal Summary

Date 2018-06-08
Target Albany
Sector Furniture
Buyer(s) Albany Industries
Deal Type Add-on Acquisition
Advisor(s) Stump & Co. (Financial)
Choate Hall & Stewart (Legal)

Target

Albany

New Albany, Mississippi, United States
Albany is a manufacturer of value-oriented stationary upholstery to key retail partners. Albany was founded in 1995 and is based in New Albany, Mississippi.

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Buyer(S) 1

Buyer

Albany Industries

New Albany, Mississippi, United States

Category Company
Founded 1946
Sector Furniture
DESCRIPTION

Albany Industries is a manufacturer and importer of a wide variety of home furnishings focused on occasional tables, dining tables, chairs, bedroom furniture, upholstery, and accessories. Albany Industries was founded in 1946 and is based in New Albany, Mississippi.


DEAL STATS #
Overall 1 of 1
Sector (Furniture) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Mississippi) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1