Glen Raven to buy two distributors

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.

Allen Gant, Jr., president of Glen Raven, said, “Merging Glen Raven’s resources with those of Boyle and Astrup will create a stronger, more diversified organization that is capable of providing enhanced value throughout the entire supply chain.”

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.

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

Featured Video

  • Live From New York: Fashion Comes Across the Pond

    Camera Icon More Videos

Subscribe to
Home & Textiles Today eDaily
Receive the news you need to know about the trends in the industry delivered right to your inbox.

CURRENT ISSUE

HTT Cover October 2017

See the October 2017 issue of Home & Textiles Today. In this issue, we look at the Top 25 Online Retailers.  H&TT's exclusive annual ranking of the biggest online sellers of home textiles finds that while pure play etailers continue to fly, bricks & clicks are digging into omnichannel. See details!