KOHLER, Wis., May 5, 2008
/PRNewswire/ -- Kohler Co. -- a global leader in kitchen
and bath products, fine home furnishings, power systems,
hospitality and golf destinations -- announces the
acquisition of Mark David, an upscale provider of
sourced case goods and upholstered seating to the
hospitality industry. The acquisition was completed May
2; terms were not disclosed.
Mark David joins the Kohler Interiors Group, which is
comprised of the Baker and McGuire brands of fine
furnishings, Ann Sacks tile and stone, and Kallista, a
luxury plumbing brand. Mark David started in 1990 as a
privately held, family-owned company, and has become a
well-recognized supplier of case goods and seating to
many of the four- and five-star hospitality properties
throughout the United States. The company provides its
hospitality customers a mix of classic, modern, casual,
transitional and outdoor options for both guest rooms
and public areas.
"Mark David provides a strong complement to our existing
portfolio of premier home fashion brands. We intend to
leverage Mark David's expertise in the hospitality
segment, as well as the brand's focus on product value
and processes that support outstanding customer
response," said Rachel Kohler, Group
President-Interiors. "All brands in the Kohler Interiors
Group will be enhanced as we combine our existing depth
of design and product resources with Mark David's
ability to serve a highly demanding hospitality
clientele."
Mark Norcross, the company's founder, will serve as
President for the brand, reporting to Rachel Kohler.
Norcross, a well-respected leader within the hospitality
industry, was recognized last month by Hospitality
Design magazine with the Manfred Steinfield Award for
Humanitarianism. The award recognizes his commitment to
corporate responsibility, community outreach and
philanthropy.
"We're excited to be joining forces with Kohler," said
Norcross. "The collective strength of the KOHLER brands
in design, furniture, plumbing and tile that Kohler
offers the hospitality industry on a global scale is
impressive. We're all poised to be flexible and
responsive to our hospitality customers."
Mark David is currently headquartered in High Point,
North Carolina-USA, where upholstery production and
warehouse facilities are located. Customer order
management and engineering is directed from an office in
Cebu, Philippines, and complemented by a sales and
marketing office in Shanghai, China.
About Kohler Co.
Founded in 1873 and headquartered in Kohler,
Wisconsin-USA, Kohler Co. is one of the oldest and
largest privately held companies in the United States.
Kohler is a global leader in the manufacture of kitchen
and bath products, engines and power generation systems,
cabinetry, tile and home interiors, and international
host to award-winning hospitality and world-class golf
destinations. Individuals can visit http://www.kohler.com/
for more information.
The Kohler Interiors Group consists of the following
brands: Baker Knapp & Tubbs, Inc., a leading
manufacturer and designer of fine home furnishings,
includes Baker furniture, Baker Knapp & Tubbs Showrooms,
and Baker Stores. The McGuire Furniture Company is
internationally known for creating high-end, designer
furniture of rattan, woven peel, solid teak, bamboo,
Oriental hardwoods, laced rawhide and aluminum. Ann
Sacks produces inspiring designs in tile, stone,
plumbing, lighting and accessories. Kallista is known
for its design of luxury plumbing products, offering
faucets and fixtures created for tasteful, whole-bath
solutions.
About Mark David
Mark David, headquartered in High Point, North
Carolina-USA, caters to the high-end markets in
hospitality, resorts, country clubs and restaurants.
Since the company started in 1990, Mark David serves the
professional interior designer and hospitality
properties with classic, modern, casual, transitional,
and outdoor furnishings from its facilities in High
Point, the Philippines and China. Mark David is proud to
furnish some of the world's most luxurious hotels and
resorts including the Ritz Carlton, Four Seasons, and
Starwood. Individuals can visit http://www.markdavid.net/
for more information.
Source: Kohler Co.
CONTACT: Todd Weber,
+1-920-457-4441, ext. 72707,
todd.weber@kohler.com,
or Robin Richter, +1-920-457-4441, ext. 72340,
robin.richter@kohler.com,
both
of Kohler Co.
Web site:
http://www.kohlerco.com/
http://www.markdavid.net/
|
