South East furniture and interiors retailer Design Vintage says it is looking forward to a strong future after completing a restructuring process that protects key stakeholders.

TradeChoice Carpet & Flooring has expanded its wholesale footprint with the takeover of Nottingham based T & R Floor Covering Distributors.

The disposal of the longtime East Anglia factory site of a bedding supplier that unexpectedly closed in 2022 leaving large debts owed to creditors has landed the former owners a seven-figure windfall.

Quarterly insolvencies across the U.K. furniture, furnishings and floorcoverings sectors have declined for the first time since the end of 2022.

Ingka Investments, the world's largest IKEA franchisee, has agreed to acquire the remaining 51 percent shares in finance partner Ikano Bank, becoming its outright owner.

Customers of high-end ecommerce furniture retailer LuxDeco, which was placed into administration last Friday, face a further wait while restructuring advisors "assess whether a rescue of the company is feasible."

Ashley Home has acquired Resident, owner of Nectar Sleep, the direct-to-consumer and wholesale mattress brand with a multi-million pound U.K. business.

Restructuring advisors have been called in at LuxDeco, the under-pressure ecommerce furniture and homeware retail platform that has received millions of pounds of investor funding.

A one-time £18 million turnover Scottish fitted furniture company based in Cumbernauld has succumbed to grim trading conditions and a tough demand environment.

The rescuer of Harvey Jones paid £400,000 to acquire the business and assets of the 27-store kitchens vertical in a deal that compromises the debts of both secured and unsecured creditors.

The owners of made-to-measure cabinet maker Longpre Furniture have secured the future of the manufacturing business via a prepack administration process.

The South Wales company that rescued Mereway Kitchens last summer has emerged as the largest non-tax creditor following the manufacturer's second insolvency inside six months.

The new owner of furniture maker Rosehill says the former stakeholders are no longer with the business following his completion of an asset purchase that secures the future of the brand.

Flair Furniture, the fast-growing retail and wholesale company behind the Bed Kingdom brand, has acquired certain assets of Cuckooland, an ecommerce furniture retailer that ran into problems in post-Covid era trading.

Investment by Bisley part of wider plan to diversify product offer for its consumer-facing ecommerce websites.

A court heard a winding up petition against Wessex Bristol Investments late last week as litigation funders try to recoup funds for creditors of a long-defunct sofa manufacturing company.

Litigation funders are preparing a winding up petition against the private furniture investment company of one-time Wesley Barrell and Collins and Hayes (C&H) owner Ayiaz Ahmed.

High-end kitchens retailer Harvey Jones has changed hands following a prepack asset buyout that secures the jobs of all 140 of its employees.

A small West Midlands contract furniture manufacturer has returned to court to get renewed protection from creditors while it seeks a restructuring of the business, or a sale.

A newco created by a multi-million pound Derbyshire kitchen worktop company has bought the business and assets of a nationally-operating competitor out of administration.

Nobia, owner of U.K. kitchens retailer Magnet, has agreed a second major disposal inside a week after agreeing to sell Austrian business unit ewe in a deal worth up to €26.5 million.

Restructuring advisors that handled the fallout of the 2020 prepack rescue of Oak Furnitureland say that may seek to have their as-yet-unpaid fees revised upwards.

Restructuring advisors have clawed back millions of pounds following the collapse of TV shopping channel Ideal World last summer, but only one creditor looks like they will get a material dividend.

Restructuring advisors at Leonard Curtis lined up as potential administrators.

Frasers Group paid £2 million in cash to acquire the business and assets of ecommerce furniture, home and lifestyle retailer Amara Living, but its investment since has dwarfed that total.

The owner of Bensons for Beds has now received almost the entirety of the amount it was owed at the time of the prepack transaction that divorced the bed retailer from Harveys, its hitherto sister furniture chain.

Midlands kitchen manufacturer Mereway Kitchens has ceased trading after a second insolvency inside six months for a company operating the brand.

Harvey Jones has sought protection from creditors while it talks with potential investors and stakeholders regarding a restructure of the upmarket kitchens retail business.

A large South East floorcoverings contractor with four offices around the U.K. warned it is on the brink of insolvency in a court filing on Thursday.

The intellectual property of a formerly highly-regarded independent Derbyshire furniture retailer was acquired for a nominal sum as part of a wider stock sale, restructuring advisors have disclosed.

Tax authorities and financial creditors look set to lose out following the closure of large South West flooring independent Cullingford Carpets last year.

The closure of a North East smooths floorcoverings distributor has left its closely-affiliated Belgian supplier nursing a sizeable six-figure debt.

2,000 consumers who paid in full or in part for undelivered goods face a battle to recover their cash after a two-store London furniture retailer ceased trading when its sister company in Turkey pulled the plug on further funding.

CEVA Logistics, a subsidiary of French shipping conglomerate CMA CGM, has agreed to buy U.K. delivery company Wincanton in a deal worth £566.9 million.

Components supplier Leggett & Platt is to reduce its bedding manufacturing and distribution footprint as part of a programme of restructuring measures designed to cut costs and boost profits.

Upholstery and beds brand Willow and Hall has a new managing director following its takeover earlier this month, with its new owner also revealing the size of its stake in the Frome-based business.

The takeover of delivery and logistics company DX (Group) by the private equity firm that has owned bed maker Silentnight for over a decade has moved a step closer after shareholders approved the deal.

The shareholders of furniture, beds and home accents distributor Gallery Direct have acquired retailer Willow and Hall through a separately-held group that majors in the supply of lighting.

Condor Group will continue to use the historic Betap name and branding following the takeover of its Dutch carpets compatriot, citing its worldwide resonance in the floorcoverings sector.

The October-announced takeover of ScS by Italian upholstery retailer Poltronesofà has moved a step closer after shareholders in the U.K.'s second largest sofa specialist decided to back the deal.



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