OFS Brands acquires Loewenstein Furniture

Furniture World Magazine

OFS Brands, a leading North American furniture manufacturer, announced that it has successfully completed its due diligence and has acquired the majority of furniture manufacturer Loewenstein’s assets. Final terms of the acquisition were not disclosed. President and CEO Hank Menke stated, “I would like to personally thank the Loewenstein management team. They have been very cooperative through this transition, enabling us to co-manage the business during the change of ownership. We are in a great position to quickly improve operational efficiencies.” Menke added, “Improvements in quality, lead-times, and customer service will be our immediate priority.” “I am excited by the strength of this brand and the loyalty it has in the marketplace,” states Mike Wagner, Senior Vice President, Sales and Marketing. “We are equally excited about the potential growth and diversification that Loewenstein adds to our company.” OFS Brands, Inc. is a family owned corporation headquartered in Huntingburg, IN and is committed to providing socially responsible furniture and logistic solutions through better design, innovative products and services, and greater value to its customers.