Latest Products


Woodard-CM, LLC Acquires Minson Corp.’s Mallin Brand

Woodard-CM, LLC Acquires Minson Corp.’s Mallin Brand

MONTEBELLO, CA — Woodard-CM, LLC (“Woodard”) has signed a deal in principle to acquire substantially all of the assets and business of Minson Corp.’s (“Minson”) Mallin premium outdoor furniture brand. Woodard will operate Mallin as a separate division while combining Mallin’s operations within existing Woodard departments.

“Mallin is an exceptional brand and a great strategic fit for Woodard,” said John Mares, president of Litex Industries, Limited, Woodard’s parent company. “I see both Companies benefitting from the combination, sharing best practices and building on the success and reputation of each other’s brands.”

“We look forward to positioning the Mallin brand for future growth under the dedicated team at Woodard,” said Kenneth Chen, President of Minson Corp. “Woodard is a tremendous brand and Mallin will have the opportunity to flourish as a premium outdoor brand in combination with Woodard,”.

Under terms of the agreement, Woodard will acquire certain Mallin’s assets and intellectual property.  Woodard will begin integrating Mallin’s operations upon closing, which is expected to be the first week in July. 

Parkfield Capital Advisors LLC acted as exclusive financial adviser, and Loeb & Loeb served as legal counsel to Mallin. Terms of the transaction were not disclosed. It is anticipated that the closing will occur in July.

www.woodard-furniture.com

picture

Subscribe now!

Search:

Loading
Shop Talk

EditCal 2018

EditCal 2017