The future of garden, outdoor leisure, lighting and home ecommerce brand True Shopping (trueshopping.co.uk) is uncertain after restructuring advisors were drafted in to run its operating company.

Nobia, the kitchen manufacturing and retail conglomerate and owner of British kitchen chain Magnet, has agreed to buy Superfront, a Sweden-based direct-to-consumer business that already sells to U.K. buyers.

Legislators have criticised a leading accountancy body after it confirmed the £13 million fine handed to KPMG for its conduct in the sale of Silentnight a decade ago will not be used to compensate pensioners impacted by its insolvent restructure.

Furniture, flooring and furnishings insolvencies jumped both sequentially and on an annual basis in the final quarter as state support measures such as the furlough scheme were brought to an end.

Pan-European ecommerce-led furniture retailer Home24 has agreed to buy direct-to-consumer home accessories chain Butlers in a move that diversifies its product offer and expands its physical store footprint.

Liquidators finalising the affairs of a mattress company that filed for bankruptcy late 2020 owing millions to creditors say a number of matters warrant further investigation.

3G Capital, a global investment firm and private partnership, is to acquire a controlling stake in Netherlands based furnishings conglomerate Hunter Douglas, owner of multiple U.K. companies including window dressings giant Hillarys.

Large upholstery retail warehouse Vine Mill Furniture is clearing stock ahead of its planned closure with owners instead to focus on the group's wholesale operations supplying other companies.

Recticel shareholders have green-lighted the disposal of the company's mattress division to Aquinos, the Portuguese upholstery and bedding manufacturing conglomerate.

The Weston family have confirmed plans to sell retail group Selfridges to a joint venture between Thai conglomerate Central Group and Austrian property company Signa.

International furniture brand Timothy Oulton has in the past few days expanded its London store footprint with the opening of two further showrooms while its eponymous owner is now majority shareholder in Andrew Martin International, the high-end retail and wholesale company.

The near term future of a decades-old furniture retailer that once traded from six South East stores is secure after a rescue buyout immediately after its predecessor company was placed into administration.

Staff at Oldrids of Scunthorpe are said to be advising customers of the department store's planned permanent closure early in the new year.

Foam and industrials group Greiner is for now pressing ahead with plans to acquire what will remain of Recticel even though the Belgian company has agreed deals to dispose of two sizeable chunks of its business.

Furniture company Fritz Hansen has acquired Skagerak Denmark in a deal that takes the design group into the outdoor furniture market for the first time.

Challenger flooring wholesale group Likewise is to make its biggest acquisition yet after lining up a deal for one of the U.K.'s largest family-owned flooring companies.

Italian Design Brands (IDB), a private equity backed collective of high-end furniture and interiors companies that launched a U.K. arm this year, has acquired a minority stake in Axolight, an Italian lighting supplier.

Recticel has cranked up the pressure on shareholders to back the sale of its engineered foams business to Carpenter Co, saying the plan has the backing of independent advisory firms.

A €370 million turnover upholstery and bed manufacturing group has agreed to buy Recticel's Bedding division, which makes finished mattresses and bed frames primarily sold into mainland European markets.

Maisons du Monde has agreed to sell the bulk of its shareholding in U.S. furniture retailer Modani saying it intends to throw itself fully at its European markets instead.

Flooring supply group Victoria is adding further ceramic tile capacity with the acquisition of B3 Ceramics Danismanlik, a Turkey based manufacturer and exporter trading as Graniser.

The year-on-year number of U.K. home furnishings companies that appointed insolvency practitioners was flat in the third quarter of 2021, though the figure crept higher on a sequential basis.

A simple majority is all that is required for shareholders to approve the sale of Recticel's Engineered Foam unit to U.S. giant Carpenter.

Suffolk headquartered window fabrics conglomerate Style Group has acquired a stake in 360º Marketing & Communications, a Spain-based marcomms agency.

Office furniture conglomerate Steelcase has agreed to buy Spanish contemporary furniture maker Viccarbe in a deal worth up to €49 million.

Furniture wholesale giant Actona Group is to expand the scope of its global upholstery operations after agreeing the takeover of private equity backed Danish sofa maker Theca. More deals for other companies will follow, it said.

Timber and panels distributor James Latham has agreed to buy IJK Timber Group in a deal that expands the £250 million group's operations in Northern Ireland.

The collapse of a 150-year-old Oxfordshire furniture manufacturer earlier this summer leaves secured and unsecured creditors facing a sizeable shortfall.

Shareholders in furniture wholesaler Julian Bowen have sold a qualified majority stake to Storskogen, a Swedish investment group that backs dozens of small and medium sized enterprises.

Venture capital and private equity group LDC says it has made a growth investment in mobility products group Kingswood, the owner of the Willowbrook adjustable beds and riser recline chair brand.

Carpenter Co, the U.S. headquartered industrial conglomerate, has made a binding offer for Recticel's Engineered Foam division, which includes its comfort foam business serving U.K. upholstery and bedding customers.

The insolvency and subsequent prepack sale of certain assets of the company behind the JTF Mega Discount Warehouse retail chain leaves creditors owed north of £11.4 million.

Vita Group has acquired Belfield's Usleep business unit from NorthEdge Capital in a deal that makes the diversified foam conglomerate one of the country's largest manufacturers of finished mattresses.

Smooth floorcoverings vendor Unilin Distribution acquired Salesmark earlier this summer.

Sleep Solutions is now the operator of direct-to-consumer pillow brand Kally Sleep in addition to online rug and homewares marketplace Woven after a deal announced early September.

Bedding and upholstery components distributor Handy has acquired the non-zip related assets and sales of fellow supplier Aero Zip, further expanding a product roster already numbering over 1,500 items.

San Marino's Colombini Group has acquired a majority stake in Bontempi Casa, the Italian contemporary living, dining and bedroom furniture manufacturer.

Upholstered furniture manufacturer Whitemeadow has acquired what it described as a significant stake in one of its key foam suppliers.

Northeast Italian furniture manufacturing group Calligaris has acquired furniture, accents and lifestyle company Fatboy from its private equity owner.

The company behind the JTF Mega Discount retail fascia has filed a third notice of intent (NOI) to appoint administrators, a sign a deal to salvage part of the operation may be imminent.



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