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Doris Lee Draperies Inc- Certain Assets &
Decorator Industries Inc
Update Date: 12/03/07
Date Announced: 11/30/07
Value (million $USD): 0.8 million U.S. Dollar
Status: Completed
TRANSACTION DETAILS
Date Announced11/30/07
Date Originally Announced12/03/07
FormatAcq. Cert. Asts.Acquisition techniquesDivestiture
AttitudeFriendlyAgencyn/a
Value0.8 million U.S. DollarAdvisor Feesn/a
SYNOPSIS
US - Decorator Industries Inc acquired certain assets of Doris Lee Draperies Inc, a manufacturer of custom draperies, for an estimated $0.825 mil and up to an undisclosed amount in profit related payments.
TARGET
NameDoris Lee Draperies Inc- Certain Assets
IndustriesHousefurnishings, except curtains and draperies; Homefurnishings
Cityn/a
StateAL
NationUnited States
Incorporated inn/a
Public StatusSubsidiary
Business DescriptionDoris Lee Draperies Inc, located in Huntsville, Alabama, is a manufacturer of custom draperies, heer panels, valances, bedspreads, quilted throws, accent pillows, shams, dust ruffles, table covers and accessories.
AdvisorsNULL
Target Salesn/a
ACQUIROR
NameDecorator Industries Inc (DII)
IndustriesHousefurnishings, except curtains and draperies
CityPembroke Pines
StateFL
NationUnited States
Incorporated inPA
Public StatusPublic
Business DescriptionDecorator Industries Inc, located in Pembroke Pines, Florida, is a manufacturer and wholesaler of interior furnishing products, principally draperies, curtains, shades, blinds, valance boards, bedspreads, comforters, pillows, cushions and trailer tents. Its products are primarily used by the manufactured housing (MH), recreational vehicle (RV) and the hospitality industry. The company was founded in 1953.
AdvisorsNULL
Acquiror Salesn/a
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