Mohawk Industries, the circa £7.8 billion flooring conglomerate, completes takeover of Cambridgeshire smooth flooring wholesaler.

Leggett & Platt (L&P), the global components conglomerate, says the acquisition of Irish foam and beds group Kayfoam Woolfson will be a benefit for its customers across Europe.

Dreams, Britain's largest beds retailer, is now officially part of Tempur Sealy International, the world's biggest bedding company announced Monday night.

Officials at J.P. Morgan have exercised an over-allotment option to acquire shares in Made.com Group (MADE) as part of the furniture retailer's initial public offering (IPO).

Owners of The Very Group, one of the U.K.'s largest retailers of furniture and home goods, have hired advisors to explore a possible initial public offering (IPO) or partial sale of the company.

Creditors of a 12-store discount store chain selling everything from furniture to fast moving consumer goods (FMCG) are on alert after the retailer filed a notice of its intention to appoint administrators.

The Vita Group, one of the largest suppliers to the U.K.'s upholstery and bedding sectors, has acquired Technical Foam Services, a foam conversion business based in Corby, Northamptonshire.

Buy It Direct, the ecommerce group that runs websites including Furniture123, has acquired Outdoor Living, a retailer that sells hot tubs, spas and gazebos.

Year-long administration process leads to positive outcome for privately-owned six-store U.K. furniture retailer and other stakeholders including suppliers.

Flooring conglomerate Victoria has agreed to buy multichannel U.S. smooth flooring distributor Cali Bamboo Holdings for consideration totalling $76.1 million (£55.1m) in addition to the paydown of debt.

U.S. bedding and components conglomerate Leggett & Platt has acquired Kayfoam Woolfson, the Ireland based foam producer and bed manufacturer behind brands including Kaymed.

Lars Larsen Group plans to follow up its takeover of Danish upholstery retailer SofaCompany with the acquisition of a 16-store Swedish mattress chain.

Danish ready-to-assemble furniture makers Tvilum and Steens have built on ownership ties first formed three years ago with the former acquiring the latter for undisclosed terms.

Lars Larsen Group has added to its roster of international furniture brands with the acquisition of SofaCompany, a €73 million turnover direct-to-consumer brand operating in multiple markets.

An early spring prepack deal that saved seven showrooms trading as In-Toto Kitchens left creditors facing a multi-million shortfall.

Five of the existing leadership team have completed a management buyout at East Midlands sofa designer, importer and distributor Siren Furniture. They plan to expand the business' customer base.

A slew of private equity bidders are said to have been shortlisted as a sale of mattress company King Koil China nears a potential conclusion.

Walsall and Sutton Coldfield retailer Comfort Beds has acquired a third store, buying a South Derbyshire based furniture retailer.

A series of newly-formed entities signpost the biggest change in Silentnight's structure since H.I.G., the U.S. investment group, took control of the bed manufacturer a decade ago.

Fashion house Fendi and B&B Italia owner Design Holding are to form a joint venture to make, market and sell furniture and furnishings under the Fendi Casa brand.

Victoria, the acquisitive flooring conglomerate, has agreed to buy Dutch artificial grass supplier and carpet backing company Edel Group from its private equity owners.

Victoria, the diversified flooring manufacturer and distributor, has picked up three Italian tile peers in deals worth a combined €35 million. They are the first, and smallest, of several deals in the pipeline, the company said.

Timothy Oulton, owner of the eponymous international furniture brand, increased his stake in interior design company Andrew Martin International last year after acquiring the shares of a number of outgoing shareholders.

Design Holding, the investment group behind prestige furniture and lighting brands including B&B Italia, Louis Poulsen and Flos, has agreed to buy YDesign Group, a large U.S. based ecommerce lighting retailer.

Herman Miller and Knoll, both major players in the supply of office furniture worldwide, are to merge, with the former buying the latter in a deal worth $1.8 billion.

Furniture and furnishing industry failures dropped to a record low in the first quarter of 2021 according to official insolvency filings, we revealed last week. There are only three plausible explanations as to why.

A Midlands based flooring company that had traded under at least three different retail brand names has been placed into liquidation, owing millions to creditors.

SKG Capital, a turnaround investor with extensive past experience in the home furnishings sector, says it plans to invest £20 million in retail and consumer businesses this year.

OnlyHome, a U.K. based ecommerce marketplace selling a wide variety of furniture and home décor from well known suppliers, is under new ownership.

Clockwork Components, a key supplier of components and accessories to U.K. upholstery and bedding manufacturers, has acquired Motionmex, a longtime distributor of Leggett & Platt recliner mechanisms.

H.I.G., the U.S. headquartered investment group that bought Britain's biggest bed maker Silentnight a decade ago, has agreed a £25 million settlement with The Pensions Regulator (TPR).

The liquidator and lawyers chasing the former owner of Collins & Hayes for a portion of the seven-figure sum his company received for selling its intellectual property have scored a victory in the battle to recoup funds for creditors.

The owner of Bensons for Beds will recoup the vast majority of the debt it was owed from the prepack restructure of what was Blue Group according to a new report by restructuring advisors.

Ingka Investments, the Netherlands based operator of 378 IKEA stores worldwide, is to acquire a 49 percent stake in Ikano Bank with the option to buy the finance company outright at a later date.

Profits fell at Silentnight last year as the U.K.'s largest bed manufacturer incurred higher costs including one-off legal expenses, a sign that its legacy pension challenges may be reaching a conclusion.

Joules Group, the fashion and lifestyle company, has taken a decisive step into the furniture and home sector after agreeing to buy The Garden Trading Company, a fast-growing online retailer with a substantial wholesale arm.

Lectra, a major supplier of machinery, software and consultancy to U.K. and global sofa manufacturers, has agreed to acquire rival Gerber Technologies in a deal worth €300 million.

Fashion retailer Boohoo Group has acquired the Debenhams brand and other intellectual property for £55 million, heralding its entry into the furniture and homeware market.

Vita Group has agreed to pay €6.1 million to acquire southern Italian flexible foam producer I.M.P.E from Natuzzi, the upholstery manufacturing giant.

44 fewer U.K. furniture, floorcoverings and furnishings companies filed for insolvency in 2020 despite the pandemic hitting businesses across the country since the early spring of last year.



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



Already a subscriber?    Sign In