Linon Home Decor Acquires Powell Company Furniture

FurnitureToday.com published an article about Linon Home Decor acquiring Powell Company on July 31, 2009. What does this mean for Wholesale Furniture Brokers’ customers who want to order Powell furniture? The main difference between the new Powell and old is that they will now be managed by an improved team. They will continue to offer customers occasional, kids, and accent furniture.

LittleMissMatched Bedroom Set by Powell Company

When asked why Linon decided to acquire Powell, Jim Ziozis, president and CEO of Linon Home Decor stated, "Powell's global reach, scale, widely recognized brand name and customer relationships make it the ideal partner. Our combined teams will create exciting growth opportunities for the new Powell Co., our customers and employees. We look forward to working with the Powell team, to ensure a rapid and seamless transition."

Alden Black Ash Occasional Table Set by Linon Home Decor

The Linon acquiring group said they were planning on building Powell’s customer relationships by, "maintaining its rich platforms and systems, infusing necessary capital into the company, and expanding the product line."

We will all have to wait to see what new and innovative products will be added to the Linon Home Decor and Powell collections. What do you think of this acquisition? Please post a comment below.