Add-on Acquisition • Forest Products

New Image Group Acquires Lara s Crafts

On December 1, 2005, New Image Group acquired forest products company Lara s Crafts

Acquisition Context

This is New Image Group’s 1st transaction in the Forest Products sector.
This is New Image Group’s 1st transaction in the United States.
This is New Image Group’s 1st transaction in South Carolina.

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M&A Deal Summary
Date	December 1, 2005
Target	Lara s Crafts
Sector	Forest Products
Buyer(s)	New Image Group
Deal Type	Add-on Acquisition

Target Company

Lara s Crafts

Union, South Carolina, United States

Lara's Crafts, Inc. is a manufacturer and supplier of wood parts and accessories for the craft and hobby industry.

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Buyer Overview 1

Buyer

New Image Group

Union, South Carolina, United States

Category	Company
Founded	2003
Sector	Consumer Products

DESCRIPTION

New Image Group provides crafted products including acrylic felt, wood products, sun catchers, sand art, kids’ crafts, and related items. New Image Group was founded in 2003 and is based in Union, South Carolina.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Forest Products	1 of 1
Type: Add-on Acquisition	1 of 1
State: South Carolina	1 of 1
Country: United States	1 of 1
Year: 2005	1 of 1

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Forest Products M&A - Add-on Acquisition M&A Deals - South Carolina M&A - United States M&A - 2005 M&A