TITLE

BROWN JORDAN INTERNATIONAL BUYS TROPITONE FURNITURE

PUB. DATE
December 2014
SOURCE
Casual Living;Dec2014, Vol. 54 Issue 12, p78
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that luxury leisure furniture manufacturer Brown Jordan International has acquired the outstanding equity interests of fellow casual and outdoor furniture producer Tropitone Furniture. Topics mentioned include the impact of the merger on the new company's net sales, thoughts from Tropitone Chief Executive Officer Cap Hendrix on the merger, and Brown Jordan's 70th anniversary.
ACCESSION #
102972748

 

Related Articles

  • Cap Hendrix. Ellis, Kristine // Casual Living;Apr2009, Vol. 49 Issue 4, p16 

    The article features Cap Hendrix, president and chief executive officer (CEO) of Tropitone. He is optimistic about Tropitone's business model in spite of the current state of the economy. From 1998-2007, Hendrix served as part of the company's board of directors. According to Hendrix, there is a...

  • Volatile aluminum prices raise concerns. Barnes, Marc // Casual Living;Feb2011, Vol. 51 Issue 2, p8 

    The article explores the concerns raised by the casual furniture industry of the U.S. in line with the volatile prices of aluminum. Aluminum is used for frames and components of casual furniture. Cap Hendrix, president of Tropitone, relates the cost increases that casual furniture makers must...

  • Novatek, Gazprom Neft buying Eni stake in SeverEnergia for $2.9 bln (Part 2). Interfax // Russia & CIS Business & Financial Newswire;11/20/2013, p1 

    MOSCOW. Nov 20 (Interfax) - Yamal Development, a 50/50 joint venture between Novatek (MOEX: NVTK) and Gazprom Neft (MOEX: SIBN), have signed a binding agreement with the Italian energy company, Eni on acquiring a 60% equity stake in Arctic Russia B.V., which owns 49% of the SeverEnergia Joint...

  • Casual consolidation. Slaughter, Powell // Furniture/Today;05/14/2001, Vol. 25 Issue 35, p1 

    Reports on the merger between United States furniture companies WinsLoew Furniture Inc. and Brown Jordan International. Value of the deal; Terms of agreement; Reciprocal advantages of the companies from their deal.

  • WinsLoew's Brown Jordan purchase creates casual furniture powerhouse.  // Furniture/Today;06/13/2001, Vol. 25 Issue 39, p8 

    Reports on WinsLoew Furniture Inc.'s acquisition of Brown Jordan International. Estimated annual revenue of the combined operation; Plan to operate all Brown Jordan subsidiaries as independent divisions.

  • Open Transaction Treatment for Earn-outs. Van Loo, Jonathan // M&A Tax Report;Sep2013, Vol. 22 Issue 2, p1 

    The article presents insights on the functions of earn-outs in mergers & acquisitions in the U.S. It notes that an earn-out can incentivize sellers to remain with the company and deliver results. It states that earnouts are frequently contingent on the target's earnings and generally do not...

  • Aston's cash flow.  // Wheels;Feb2013, p15 

    The article reports that Italian fund management company and former Ducati motor company's owner has acquired a 37.5% stake in Aston Martin Lagonda Ltd.

  • Taiwan Life to sell 60% stake in asset management unit.  // Asia Insurance Review;Jun2011, p54 

    The article reports that Taiwan Life Insurance Co. has reached an agreement to sell a 60% stake in its asset management unit to Mirae Asset Global Investments Co. It hopes the alliance with the South Korean firm will enhance its know-how, scale and earnings, while Mirae Asset is looking to...

  • Special Issues for M&A Deals in the Energy Sector. Gordon, David A.; Penzer, Michel O. // Venulex Legal Summaries;2003 Q1, p1 

    The article discusses some of the special issues for mergers and acquisitions deals in the energy sector in the U.S. Any review of power plant assets, whether done in the context of a proposed asset acquisition or the purchase of all or a portion of the equity interests in a project company or...

Share

Read the Article

Courtesy of NEW JERSEY STATE LIBRARY

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics