M&A Deal Summary

Leggett & Platt Acquires RHC/Spacemaster

On July 10, 2003, Leggett & Platt acquired furniture company RHC/Spacemaster

Acquisition Highlights
  • This is Leggett & Platt’s 7th transaction in the Furniture sector.
  • This is Leggett & Platt’s 11th transaction in the United States.
  • This is Leggett & Platt’s 3rd transaction in Illinois.

M&A Deal Summary
Date 2003-07-10
Target RHC/Spacemaster
Sector Furniture
Buyer(s) Leggett & Platt
Deal Type Add-on Acquisition

Target

RHC/Spacemaster

Melrose Park, Illinois, United States
RHC/Spacemaster Corp., produces a broad range of metal and wood store fixtures. Products include wall systems, showcase frames, garment racks, gondolas, brackets, checkout stands, display tables, and other fixtures.

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Buyer(S) 1

Buyer

Leggett & Platt

Carthage, Missouri, United States
Category Company
Founded 1883
Sector Manufacturing
Employees19,300
Revenue 4.7B USD (2023)
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 15 of 30
Sector (Furniture) 7 of 13
Type (Add-on Acquisition) 15 of 29
State (Illinois) 3 of 4
Country (United States) 11 of 23
Year (2003) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-01-01 Sterling & Adams Bentwood

Lenoir, North Carolina, United States

Sterling & Adams Bentwood, Inc., is a manufacturer of laminated curved plywood in the country, delivering superior products and service to match has earned us our reputation of excellence in the residential and contract furniture industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-11-03 Unique Molded Products

Brownsville, Texas, United States

Unique Molded Products, is a producer of high precision plastic injection molded parts and assemblies.

Buy -
Mergr

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