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Magnussen Home announces strategic expansion with two brand acquisitions

Magnussen Home has signed an agreement to acquire two established case-goods brands previously under Hooker Furnishings' Home Meridian International division. The transaction is expected to close on December 10, 2025. Financial terms were not disclosed.

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This move significantly expands Magnussen's portfolio, bringing in decades-strong retail relationships, well-developed product pipelines, and a broader range of bedroom, dining, youth, home office, and accent furniture offerings. The acquisition also includes Home Meridian's High Point corporate office and the 220 Elm showroom, further strengthening Magnussen's presence at High Point Market.

As part of the transition, Page Wilson, now senior vice president and head of operations—will lead the integration and future development of the acquired brands. CEO Nathan Cressman highlighted the move as an important step in widening Magnussen's design reach and offering retailers more choice across styles and price points. President Doug Townsend underscored the strategic value of combining the incoming brands' heritage with Magnussen's scale, supply-chain capabilities, and growth focus.

Magnussen expects the acquisition to create new momentum in the case-goods category and deepen its partnerships across North America.

Source: www.furninfo.com

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