Furniture maker sells to Texas company
A local furniture maker has been acquired by a Texas company.
MooreCo in Temple, Texas said this week it has completed its acquisition of Grand Rapids-based VanerumStelter.
VanerumStelter is a maker of ergonomic educational furniture.
It will join MooreCo’s family of brands, which also includes Balt and Best-Rite.
MooreCo said this brand expansion allows it to provide a “full product range” for any learning environment, “from the most traditional of needs to the latest in STEM, STEAM, makerspaces and other high-impact environments.”
MooreCo said the brand fits its strategy of offering solutions for every “active learning environment.”
The acquisition also expands MooreCo’s distribution network.
“We will now be able to utilize the best of both the VanerumStelter and MooreCo distribution networks to better serve the needs of all our customers,” said Greg Moore, CEO, MooreCo.
He said while some of MooreCo’s competitors are exiting the market, “We have chosen to invest and to be the best at supporting all the needs of the marketplace.”
Jim Meier, GM of VanerumStelter, said the “entire team” will join MooreCo.
VanerumStelter's project management services, products and customer service will be “fully supported” by the MooreCo facilities.
The company's products also will be incorporated into the flagship MooreCo showroom in Austin, Texas.