Home / Knowledge / News / Textiles / Brunschwig & Fils acquired by Kravet Inc
Brunschwig & Fils acquired by Kravet Inc
Mar '11
Brunschwig & Fils announced Kravet Inc. as the winner of the Brunschwig & Fils' auction after spirited bidding against Sovereign Partners. Pending bankruptcy court approval and closing on the sale, Kravet is expected to commence operating the Brunschwig & Fils business by the end of March 2011.

For the past 111 years, the Peardon family has overseen Brunschwig & Fils ensuring that the world's finest interior designers and decorators received the highest quality, luxury home products including fabrics, wallcoverings, trims, lighting, furniture and accessories. The iconic brand name drew significant interest from national and international, financial and strategic potential bidders.

The Kravet family's commitment to innovation has helped the Kravet company transform from a small family-run fabric house in 1918 to today's global leader in home furnishings, representing brands and designers from all over the world.

Kravet is a fourth generation family run company, and one of the world's largest privately held distributors of fabrics and home furnishings with locations worldwide. Kravet offers the highest level of quality products and customer service and also owns high-end brands Lee Jofa and GP&J Baker.

During the Chapter 11 transition, Kravet provided $4 million in post-bankruptcy financing to Brunschwig & Fils to ensure the company would be a financially sound trading partner during the bankruptcy period.

Brunschwig & Fils is based in White Plains, New York and has showrooms in 21 cities with a Design Studio in the New York D&D Building. Brunschwig has international distribution in 24 countries.

The Chapter 11 filing was announced by Brunschwig & Fils on January 12, 2011 as a result of the financial impact of the recent years' economic recession. It is the intent of both Brunschwig & Fils and Kravet that the transition of ownership is seamless.

Brunschwig & Fils

Must ReadView All

Courtesy: Ikea

Textiles | On 26th Apr 2017

Ikea’s product sourcing from India to double by 2020

Ikea, the global home furnishing giant from Sweden, plans to double...

Textiles | On 26th Apr 2017

CITA to add insufficiently available fabric in CAFTA-DR

The Committee for the Implementation of Textile Agreements (CITA) has ...

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Interviews View All

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Angelina Francesca Cheang

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search