Palliser Furniture Group acquires Casana

Palliser, the largest furniture manufacturer / supplier Canada, adds storage furniture to his portfolio.

WINNIPEG, Manitoba, June 22, 2017 / CNW / – Palliser Furniture Holdings Ltd. announced today that it has entered into an agreement to purchase Casana Furniture Company Ltd. June 30, 2017.

With this acquisition, Palliser Furniture Group adds the Casana range of storage furniture to its brand portfolio alongside Palliser Upholstery and EQ3, making it the largest home furniture manufacturer / supplier in Canada. Each of these brands, led by dedicated management teams, will strengthen Palliser’s market opportunities and benefit from synergies across the furniture group.

“This acquisition enables Palliser Furniture Holdings to showcase a full product lifestyle, including a variety of pricing and design aesthetics, which makes us more effective in meeting the needs of our customers,” said Peter Tielmann.

In support of the acquisition, the following executive appointments were made:

Roger friesen has been appointed Executive Vice President, Business Development of Palliser Furniture Holdings Ltd. June 1, 2017. In this role, his primary responsibility is to facilitate growth and development within the Palliser Furniture group of companies. Friesen was previously president of Casana Furniture Company.

Reece tomlinson was appointed President of Casana Furniture Company Ltd. June 19, 2017. Previously, Mr. Tomlinson was CEO of Intraline Medical Aesthetics PTE Ltd.

Roger friesen and Reece tomlinson will report to Peter Tielmann, President, Palliser Furniture Holdings Ltd.

About Palliser Furniture Holdings Ltd.

Palliser Furniture Holdings Ltd. is a private company of Winnipeg, MB. Its brands include Palliser, Casana, Pinnacle, North American Furniture and EQ3 upholstery fabrics.

SOURCE Palliser Furniture Holdings Ltd.

For further information: Monica Edwards, Doe-Anderson, [email protected], 213.222.7035

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