Hammer Fine Furniture acquires Italmond Furniture
Two of California's top Custom Furniture Manufacturers combine forces.
PR9.NET July 11, 2020 - The owner of transitional furniture manufacturer Hammer Fine Furniture has purchased high-end custom furniture manufacturer Italmond. Hammer Fine Furniture owner Scott Prince bought the company from a private investor and the purchase price was not disclosed.
Prince said Italmondâ€™s high-end line of barstools, dining chairs and accent chairs complements the product line of Hammer Fine Furniture. Hammer Fine Furniture produces a medium-priced line that includes casegoods, upholstery, and seating, all of which are exclusively made in the United States.
Italmondâ€™s frames are handmade, custom finished, and upholstered in the companyâ€™s Los Angeles factory. Prince said Italmondâ€™s appeal lies in its ability to customize products for both contract customers and high-end designers. He added that each company will retain its unique product line and design niches, and will keep its respective sales force and website.
â€œThe lines will be distinct because they appeal to different markets,â€ Prince said.
However, the purchase will allow the two companies to tap into each otherâ€™s strengths. He said he plans to invest heavily in the Italmond brand.
â€œThe cross marketing and merchandising will open both companies up to new opportunities,â€ Prince said the two companies will share office space in their Los Angeles headquarters.
Scott Prince will be director of sales until a replacement is found.
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Italmond has been serving the Design, hospitality and commercial furniture industry for over 40 years. All American Made, crafted, finished in our factory with the highest quality materials. Visit us at www.italmond.com
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