On April 21, Interlude Home Inc. announced its acquisition of contemporary upholstered furniture leader Weiman/Preview, formerly a division of Bassett Furniture Inds. Inc.
â€œWe know itâ€™s bold for a company specializing in accessories to buy one that designs and manufactures furniture,â€ said Carl Phillips, President of Interlude Home. â€œBut the challenges weâ€™ve met in growing Interlude Home have been extremely complex and similar to what we face with Weiman. Itâ€™s a very natural, strategic step.â€
Bassett Furniture executives are confident about the transition, and plan to focus on the companyâ€™s current business and its growth strategies. â€œWe are pleased Interlude Home made this move, and we are confident that Weimanâ€™s strong brand name and dedicated workforce will continue to thrive with this dynamic company,â€ said Robert H. Spilman Jr., President and CEO of Bassett Furniture. â€œOur focus is our core Bassett business and growing our Bassett Furniture Direct retail store network.â€ Read more »
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