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In 1966, the company changed its name to Interco as the result of diversification, and once the company exited the shoe business, adopted the name Furniture Brands International. Some of the brands it owned in the furniture industry included Broyhill, Thomasville, Drexel Heritage, Henredon, Hickory Chair, Pearson, Laneventure, and Maitland-Smith.
On September 9, 2013, Furniture Brands International filed for Chapter 11 bankruptcy. The company planned to sell all businesses other than Lane Furniture to a group managed by Oaktree Capital Management LP. [1] On October 2, a judge approved a $280 million stalking horse offer by KPS Capital Partners.
The company had been a subsidiary of Clayton, Missouri-based Furniture Brands International since 1995. Heritage Home Group bought most of that company's assets in 2013 and announced Thomasville Furniture would cease operations in 2014, marking the end of an industry in the city.
GE Capital is Agent on $200 Million Asset-Based Credit Facility for Furniture Brands International, Inc. NORWALK, Conn.--(BUSINESS WIRE)-- GE Capital, Corporate Finance today announced it is ...
FURNITURE BRANDS 96 HOUR DEADLINE ALERT: Approximately 96 Hours Remain; Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors of Deadline in Securities Class Action Lawsuit ...
Sofa Brands was acquired in 2015 by its management team and Promethean Investments, a private equity firm. [8] In the same year the company moved its registered office to G Plan's Melksham address. [9] As of 2017, G Plan was a wholly owned subsidiary of Sofa Brands International. [10]