Rowe sale completed

Evans, Gary
January 2007
Furniture/Today;1/29/2007, Vol. 31 Issue 21, p4
Trade Publication
The article reports on the acquisition of Rowe Furniture Inc. by Sun Capital Partners Inc. in federal bankruptcy proceedings for $30 million in McLean, Virginia. According to Rowe's president and CEO Gerald Birnbach, the transaction will help the company, which has been operating under Chapter 11 since September 2006, rebuild and protect its 850 employees from being laid off. Rowe has faced problems with production and delivery when it changed to new manufacturing technology.


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