Add-on Acquisition • Furniture

MooreCo International Holdings Acquires VanerumStelter

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

Acquisition Context

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.

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M&A Deal Summary
Date	November 8, 2016
Target	VanerumStelter
Sector	Furniture
Buyer(s)	MooreCo International Holdings
Deal Type	Add-on Acquisition

Target Company

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 Overview 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 Context for Buyer	#
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

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