Joining ForcesDate : 04/07/2008
Joining Forces: Safco announces acquisition of Patrician Furniture
Safco Products Company, manufacturer of office products and furniture, recently announced the acquisition of Patrician Furniture. Headquartered in High Point, N.C., Patrician is a premier designer and manufacturer of complete lines of furniture for the corporate, hospitality, healthcare and government markets.
Functioning under the Safco umbrella, Patrician remains its own brand and will continue to develop in its own market space. Safco’s vice president and general manager, Dan Zdon comments, “Patrician is our first initiative into high-end furnishings and the healthcare market. We are excited to welcome them to the Safco family and recognize the value of the company’s independent attributes.”Safco was drawn to Patrician for their innovative furniture designs, expert craftsmanship and superior service. Patrician, founded in 1964, by the Stout Family has a tradition of producing high-end contract furniture. Their products have received the highest industry design recognition- awarded Best of Neocon® 2002, 2004, 2005, and 2007 in the healthcare category.
The acquisition offers both companies opportunities to strengthen sales and distribution. “The acquisition by Safco allows us to increase our market recognition and continue to exceed our customers’ expectations in service, quality, and design innovation,” says Darrell Stout, president of Patrician Furniture.