Brunschwig & Fils buys Hinson & Co.
January 25, 2010,
New York — Decorative fabrics and wallpaper company Brunschwig & Fils said it has acquired New York-based Hinson & Co. for an undisclosed amount.
Thomas P. Peardon and T. Oliver Peardon are the sole stockholders of Brunschwig & Fils.
"This alliance is a strategic partnering in a changing and evolving market that will strengthen and reinforce both historic brands," said T. Oliver Peardon, the company's president and CEO.
Hinson & Co. principal Harry Hinson will be director of design at the merged company and will focus on Hinson, which will operate as an affiliate of Brunschwig & Fils. He will work closely with T. Oliver Peardon.
Hinson & Co. showrooms will be integrated into all Brunschwig & Fils showrooms in a "carefully designed and separate Hinson space," the company said. Hinson's contact information, telephone numbers, faxes and e-mail remain unchanged.
The Hinson line will be expanded to Paris, London and Melbourne under the new ownership.
Principals in the deal said the acquisition will strengthen both brands.
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