M&A Deal Summary

Leggett & Platt Acquires Schukra of North America

On May 8, 2000, Leggett & Platt acquired furniture company Schukra of North America

Acquisition Highlights
  • This is Leggett & Platt’s 5th transaction in the Furniture sector.
  • This is Leggett & Platt’s 2nd transaction in Canada.
  • This is Leggett & Platt’s 2nd transaction in Ontario.

M&A Deal Summary
Date 2000-05-08
Target Schukra of North America
Sector Furniture
Buyer(s) Leggett & Platt
Deal Type Add-on Acquisition

Target

Schukra of North America

Windsor, Ontario, Canada
Schukra of North America Ltd., provides individually and infinitely adjustable lumbar support systems for various seat and backrest applications. Schukra lumbar supports are used worldwide in Automotive, Aircraft, Furniture, Agriculture and many other special applications.

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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 10 of 30
Sector (Furniture) 5 of 13
Type (Add-on Acquisition) 10 of 29
State (Ontario) 2 of 4
Country (Canada) 2 of 4
Year (2000) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-05-05 Crown North America

Oakville, Ontario, Canada

Crown North America, an integrator of vehicle components for automotive OEMs and fleets, including programs and installation of fleet-specific components.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-01-01 Davidson Plyforms

Grand Rapids, Michigan, United States

Davidson Plyforms, Inc., produces quality wood products for the furniture industry. Our expertise in the manufacturing of compound curved upholstery grade plywood products.

Buy -
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