Old Hickory Furniture Co. purchased
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Anderson-based Hickory Furniture Collective has acquired Old Hickory Furniture Co. in Shelbyville. Although financial terms were not disclosed, the company says the acquisition makes it the largest maker of hickory furniture in the world.
Old Hickory Furniture Co., which was founded in 1892, joins Hickory Furniture Collective’s other three brands: Hickory Furniture Designs, Flat Rock Furniture, and Rocky Top Furniture.
“We were a market leader in the contracts and hospitality space, with customers that include the nationwide Twin Peaks Restaurant chain and Japan’s Disney World Wilderness Lodge,” said Chad Galloway, CEO of Hickory Furniture Collective. “However, Old Hickory was the leading brand in the retail markets.”
Old Hickory President Bob Morrison will remain with the company in his position following the acquisition.
“We realized that our companies had clear synergies and that by acquiring Old Hickory, we’d ensure that we will maintain our manufacturing here in Indiana,” Galloway continued. “I am thrilled to add the iconic Old Hickory Furniture Company to our portfolio, and appreciate the opportunity to lead the brand for decades to come.”
Old Hickory specializes in handcrafted, rustic furniture built with sustainable materials.