YORK, Penn. — York Wallcoverings has been acquired by Industrial Alternatives Companions, an Evanston, Unwell.-based personal fairness agency, for an undisclosed sum.
Industrial Alternatives Companions additionally owns Brewster Home Fashions and Fine Décor, each of which produce wallcovering, flooring and residential décor merchandise and are headquartered in Randolph, Mass., and Manchester, U.Ok., respectively. The three organizations will likely be united underneath a brand new overarching entity, The Bersham Group.
Paul Feinstein, present CEO of Brewster, will assume the position of CEO of The Bersham Group. The brand new relationship will permit all three companies to leverage their respective experience whereas increasing their operational amenities, provide chain functionality and distribution attain in North America, Europe and elsewhere around the globe, York mentioned in a launch.
“By way of collaboration, the worldwide manufacturers that comprise the Bersham Group can have entry to extra amenities, assets and operations that can place them for even better alternatives,” Feinstein mentioned. “We’re in a novel place to ship extra selections and progressive ornamental merchandise throughout all segments of {the marketplace}, together with enhanced service, in the end yielding a extra optimistic expertise and extra alternatives for our prospects.”
The Bersham Group will proceed to help all the manufacturers that York Wallcoverings, Brewster House Fashions and High-quality Décor carry. These embrace embrace York Wallcoverings, Roommates Décor, York Contract, Hytex, A-Road Prints, Wallpops and High-quality Décor.
Feinstein concluded, “We look ahead to constructing on the momentum that the wallcoverings and interiors trade have seen in the previous few years. Whereas we’re extraordinarily pleased with what these particular person firms have achieved previously, we’re most enthusiastic about the way forward for The Bersham Group.”
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