C-T tipped for Parker Knoll buy

February 2005
Cabinet Maker;2/25/2005, Issue 5427, p3
Trade Publication
The article reports that Christie-Tyler is the likely buyer of Parker Knoll. A decision is expected in the next week. Parker Knoll owner Silentnight Group has been in exclusive negotiations with the would-be bidder for a month. A decision had been expected by the end of January but no agreement has yet been reached. Acquiring Parker Knoll would give C-T its second well-known consumer brand, joining G Plan Upholstery. The Parker Knoll, Nathan, Stag and Ducal brands were put up for sale in October. Ducal was later taken off the market, Stag was used to rebrand Silentnight Furniture, and Nathan's future remains unresolved.


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