The parent company of Century Furniture and Highland House Furniture, RHF Investments, has agreed to acquire all the assets of Hancock & Moore and Jessica Charles and select assets from Thomas & Gray and Councill Furniture. In addition, it will acquire the 200 Steele building in High Point, NC, which houses these brands among others. The transaction is expected to be finalized later this spring.
Hancock & Moore display
“The combination of Hancock & Moore with Century Furniture has just felt right from day one. The two companies think alike and both pride themselves on strong foundations of quality craftspeople,” said Jack Glasheen, CEO of Hancock & Moore, Jessica Charles.
200 Steele Building
“Hancock & Moore is the finest Leather Upholstery Manufacturer in the country and I’ve spent my career appreciating the quality and integrity they build into their products. I can speak for my family and the Century team in saying that we see this as gaining new members to our family,” said Alex Shuford, III, President of Century Furniture. “The synergies between the two companies are too numerous to list; from the Cabot Wrenn opportunity in commercial furnishings to Century’s expertise in complex logistics, I can’t wait to begin exploring the possibilities.”
Jessica Charles display
Jack Glasheen, Jimmy Moore and Tim Rogers, the current owners of Hancock & Moore, Jessica Charles, will remain with the combined company in executive roles. Sales representation and distribution for both companies is not expected to change as a result of the acquisition.
Photos courtesy of Lennon.com.
