TITLE

Quaker assets acquired

AUTHOR(S)
Andrews, Susan M.
PUB. DATE
September 2007
SOURCE
Furniture/Today;9/24/2007, Vol. 32 Issue 4, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that most of the assets of Quaker Fabric Corp. have been acquired by Canadian contract fabric specialist Victor Innovatex Inc. in a joint venture with Gordon Bros. Group. The deal, worth about $27 million, includes Quaker's real estate, machinery and equipment, inventory, intellectual property, trademarks and design archive. Victor Innovatex also plans to become a leader in residential textiles.
ACCESSION #
26757002

 

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