Incollect May Wall to Wall Incollect Mobile May Ad
Kravet officially acquires Brunschwig & Fils
Mar 8, 2011

After 'spirited bidding' against real estate investment firm Sovereign Partners, Kravet has come out as winner of the Brunschwig & Fils’ auction.  Kravet is expected to commence operating the Brunschwig & Fils business by the end of this month.
The Chapter 11 filing was announced by Brunschwig & Fils on January 12, 2011 as a result of the financial impact of the recent years’ economic recession.
For the past 111 years, the Peardon family owned and managed Brunschwig & Fils, which has showrooms in 21 cities, a Design Studio in the New York D&D Building, and international distribution in 24 countries. 
A fourth-generation family-run company, Kravet transformed from a small fabric house in 1918 to one of the world’s largest privately held distributors of fabrics and home furnishings with locations worldwide. Kravet also owns high-end brands Lee Jofa and GP&J Baker. 
Both Brunschwig & Fils and Kravet intent to keep the transition of ownership seamless. 

Want to stay informed? Sign up for our newsletter, which recaps the week’s news, jobs, events, video and more. And, get in-depth industry analysis delivered to your office each quarter by subscribing to Business of Home.
Up arrow 1999293fef354a20ff3205791165807c167562529cd704169b2554737f66abbb
Americas Mart