Häfele, the furniture fittings and hardware conglomerate, is to acquire Moebelplus, an ecommerce business majoring in white goods and small appliances.

NorthEdge Capital has strengthened its ties to the home furnishings sector after backing a management buyout (MBO) at an expanding decorative lighting business.

Technology group ClearCourse Partnership has acquired The Swan Group, which provides furniture retail management software to some of the U.K.'s largest furniture retailers.

Egger Group, the wood-based materials conglomerate with a big presence in the U.K. market, has acquired a minority stake in an Italian company that makes decorative facings for furniture.

Ilkeston based Belfield Group added foam and fibre products manufacturer Clinchplain to its roster of furnishings-related companies in an unheralded deal that completed in the days before lockdown.

The value of listed furniture companies across the world tumbled yesterday as coronavirus fears combined with a slump in the price of oil to send shares into freefall.

French tableware and furniture hire conglomerate Options has acquired GreatHire, a London based company that has provided furniture for State visits in addition to weddings, corporate and PR events.

Regional window dressings manufacturer and retailer Homefair Blinds has been sold to its management team in a transaction that provides an exit for its former owners.

Moda Furnishings, the outdoor and conservatory furniture retailer, has been sold to private equity investor Endless. Terms were not disclosed.

National general merchandise wholesaler Stax Trade Centres has acquired hardware and ironmongery business M.P. Smith & Co, one of its longstanding suppliers.

Swan Retail, which majors in providing retail software to the furniture, garden and department store sectors, has acquired rival business Touchretail.

Ashley Wilde, the circa £31 million turnover Hertfordshire fabrics group, has bought Lanarkshire soft furnishings supplier Voyage Decoration out of administration.

Steinhoff International Holdings has fleshed out plans to restructure the debts of its Steinhoff Europe AG (SEAG) business unit, lining up EY as supervisor to a company voluntary arrangement (CVA).

Klarna has agreed to buy Close Brothers Retail Finance in a move that shifts the Swedish banking and payments business from the periphery of the furniture retail sector to its core.

Harveys and Bensons for Beds owner Steinhoff is to enter the fashion market after agreeing to acquire one of the largest non-food retailers in the Southern Hemisphere.



Stay informed. Access all news stories for under £2 per week:



Already a subscriber? Sign In