A prominent asset realization firm, SB360 Capital Partners, has acquired Heritage Home Group and the remaining inventory of Thomasville & Co. In 1986, Drexel Heritage became a branch of Masco Corporation, which became one of the country's biggest furniture manufacturers by the late 1980s.Īs of September 2018, Broyhill Furniture has closed its doors. In 1977 Drexel Heritage was sold to investment bank Dominick International Corporation and retail sales increased drastically. Just so, what happened to Drexel Heritage? first furniture companies to commit fulltime resources to style and design. Subsequently, question is, is Heritage Home Group still in business? Heritage Home Group LLC, formed to purchase most assets of the defunct Furniture Brands International, was a High Point, North Carolina-based home furnishings company. For over 100 years, Drexel has been crafting furniture for people throughout. It also has purchased the intellectual property of Broyhill, but has sold those assets to an unnamed U.S.-based retailer. NEW YORK – Authentic Brands Group announced Tuesday that it has completed the purchase of the Thomasville, Henredon and Drexel Brands from Heritage Home Group LLC. Regarding this, is Drexel Furniture still in business? I wasnt able to date the piece to any particular period, but I can tell that its an older piece. I looked it up online and found that they still carry their Et Cetera collection today.
and Institutional Furniture and Kitchen Cabinet Manufacturing Industry. Drexel Heritage is a high-end, very sought-after furniture company that makes some truly beautiful pieces. In major news for the American home furnishings industry, Furniture Today has reported that Heritage Home Group, parent company to such iconic brands as Henredon, Hickory Chair, Maitland-Smith, and Pearson, has filed for Chapter 11 bankruptcy. Company Description: Drexel Heritage Home Furnsngs is located in High Point, NC. Heritage Home Group Files for Bankruptcy. Drexel Heritage is proud to be a well-known American furniture manufacturer that specializes in fine home furnishing with lustrous finishes, the warmest of.
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