Glen Raven to buy two distributors
January 12, 2007,
Glen Raven, N.C. – Performance fabric supplier Glen Raven has signed letters of intent to acquire two distribution firms, The Astrup Company and John Boyle & Company.
Astrup and Boyle are among the nation’s largest distributors of fabrics, hardware, and finishing supplies for the awning, marine, and casual furniture industries. Each already carries Glen Raven product lines, including the Sunbrella line.
All three companies trace their origins to the 1800s. Astrup chairman and ceo John Kirk and Boyle chairman John Boyle Bell Jr. each expressed a high comfort level with the acquisition.
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