Teters Floral acquires Napa Home & Garden
Aug. 8, 2011 – Napa Home & Garden, Inc., a leading home accents and garden wholesaler, announces that the company’s assets have been acquired by Teters Floral Products, Inc., a leader in the permanent floral and decorative accessories industry.
Aug. 8, 2011 – Napa Home & Garden, Inc., a leading home accents and
garden wholesaler, announces that the company’s assets have been
acquired by Teters Floral Products, Inc., a leader in the permanent
floral and decorative accessories industry. Transaction details were finalized on August 4th, after the two organizations entered into an agreement for Teters to purchase assets related to the core Napa home & garden business.
Napa also announces the company is taking orders as normal and shipping from their Duluth, GA, facility, now as Napa Home & Garden, a division of Teters Floral. Napa founders, Jerry and KC Cunningham, will direct Napa operations and the company will maintain showrooms at the Atlanta, Dallas, Denver, High Point and Los Angeles markets. Napa will continue to utilize their sales force of over 75 independent representatives.
“My wife, KC, and I look forward to providing the elegant and tasteful home and garden products our customers have come to expect,” said Napa founder Jerry Cunningham, “only now with the financial and operational support of such a strong owner as Teters. Buyers will now experience a bigger and better Napa Home & Garden.”
“We at Teters have been admirers of the Napa team, product offering, and approach to customer service for quite some time,” said Mark Johnson, CEO of Teters. “We believe the synergies between Teters and Napa will expand the capabilities of both groups tremendously.”
About Napa Home and Garden
Napa Home & Garden was founded by Jerry and KC Cunningham in 2000 and offers a wide selection of decorative ceramics, glassware, home accents, garden decor, small pots, cachepots, and a selection of lightweight, large-scale outdoor planters. They sell their products to a wide variety of home decor, furniture, floral and garden center retailers throughout the country.
About Teters Floral Products, Inc.
Teters Floral Products, Inc. is the design and volume leader in the decorative artificial floral and decorative accessories industry, serving the domestic market since 1957.
In July 2009, the company leveraged its overseas factory connections and product design capabilities to create an entirely new product offering called the Creative Connection by Teters®. The offering represents a unique stateside opportunity for retailers and designers to view thousands of everyday and seasonal domestically-stocked decorative accessory and permanent botanical items.
The Creative Connection Ltd., a wholly-owned subsidiary of Teters Floral Products, designs and implements direct-import programs for volume retailers.
The company has approximately 225 employees world-wide, with showroom locations in Atlanta, GA and Hong Kong. The company maintains around 1 million sq. ft of U.S. based warehousing and distribution space in Louisville, MS and Bolivar, MO. Corporate headquarters are located in Bolivar, MO.