M&A Deal Summary

The Olon Group Acquires Carolina Drawers

On June 10, 2015, The Olon Group acquired furniture company Carolina Drawers

Acquisition Highlights
  • This is The Olon Group’s 1st transaction in the Furniture sector.
  • This is The Olon Group’s 1st transaction in the United States.
  • This is The Olon Group’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2015-06-10
Target Carolina Drawers
Sector Furniture
Buyer(s) The Olon Group
Deal Type Add-on Acquisition

Target

Carolina Drawers

Lexington, North Carolina, United States
Carolina Drawers (CDI) is a manufacturer of solid wood and plywood drawers for the US kitchen & bath cabinet and furniture industries.

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Buyer(S) 1

Buyer

The Olon Group

Georgetown, Ontario, Cambodia
Category Company
Sector Building Materials
DESCRIPTION

The Olon Group, Inc. is a designer and manufacturer of drawer components, profile wrapped moldings, edge treatments, and decorative laminate products for the North American furniture, residential remodeling, and cabinet-making industries. With Canadian and US-based manufacturing facilities in Ontario, Indiana, and Illinois, the Company sells its products primarily to Canadian and United States office furniture and cabinetry OEMs, wholesalers and distributors.

DEAL STATS #
Overall 2 of 3
Sector (Furniture) 1 of 1
Type (Add-on Acquisition) 2 of 3
State (North Carolina) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-12-15 Creative Products

Georgetown, Ontario, Canada

Founded in 1982, Creative is a manufacturer of profile-wrapped components primarily serving the US consumer furniture and commercial office furniture markets. With manufacturing operations in Jeffersonville, Indiana, Creative manufactures products similar to Olon’s profile-wrapped moldings, but with an emphasis on larger components and highly unique, customized applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-03 GTP Bioways

Toulouse , France

GTP Bioways is a contract development and manufacturing organisation (CDMO) offering uniquely customised process development and manufacturing services for biologics, antibody-drug conjugates and nanodrugs. GTP Bioways is based in Toulouse, France.

Buy -
Mergr

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