Announced
Synopsis
Blum, a furniture manufacturer and distributor, agreed to merge with Van Hoecke, a distributor of hinges and drawer systems. Financial terms were not disclosed. “Not only have Van Hoecke and our company worked together in close partnership for more than 50 years, there is also a close connection between the owners and the companies that has developed over generations. Peter van Hoecke’s main concern has always been to safeguard the future of his company and secure the jobs of more than 360 employees. That is why he approached us and asked about integrating Van Hoecke completely into the Blum Group,” Philipp Blum, Blum Managing Director.
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