Hooker Furnishings Enters Outdoor Category With Acquisition of Sunset West
MARTINSVILLE, Va., Feb. 01, 2022 (GLOBE NEWSWIRE) -- Hooker Furnishings (NASDAQ:HOFT) announced to today that it has completed the acquisition of Sunset West, a leading west coast-based manufacturer of outdoor furniture, in an all-cash transaction. The deal enables Hooker Furnishings to immediately gain market share in the growing outdoor furniture segment of the industry with one of the most respected brands in the category. Under terms of the deal, Sunset West's management team and all the company's employees will continue to serve its customers from its headquarters in Vista, California. For more than 15 years, Sunset West has designed and manufactured comfortable, stylish and high-qu