M&A Deal Summary

MooreCo International Holdings Acquires VanerumStelter

On November 8, 2016, MooreCo International Holdings acquired furniture company VanerumStelter

Acquisition Highlights
  • This is MooreCo International Holdings’ 1st transaction in the Furniture sector.
  • This is MooreCo International Holdings’ 1st transaction in the United States.
  • This is MooreCo International Holdings’ 1st transaction in Michigan.

M&A Deal Summary

Date 2016-11-08
Target VanerumStelter
Sector Furniture
Buyer(s) MooreCo International Holdings
Deal Type Add-on Acquisition

Target

VanerumStelter

Grand Rapids, Michigan, United States
VanerumStelter LLC is a manufacturer of seating, table, desks and furniture products for residential and commercial uses.

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Buyer(S) 1

Buyer

MooreCo International Holdings

Temple, Texas, United States

Category Company
Founded 1985
Sector Furniture
DESCRIPTION

MooreCo is an innovative designer and manufacturer of visual-communication products, technology support equipment, and furniture for the educational and commercial office markets. The Company markets its products through three brand divisions: Best-Rite, Balt and MooreCo.


DEAL STATS #
Overall 1 of 1
Sector (Furniture) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1