Cunninghams Reacquire Napa Home & Garden
GDA Staff -- Gifts & Dec, January 4, 2013
DULUTH, GA-Napa Home & Garden has been re-acquired by the company's founders, Jerry and KC Cunningham. The Cunninghams, in partnership with C & F Enterprises, purchased the assets of the Napa business from Teters Floral Products. C&F Enterprises will provide financial and operational support to Napa. Napa will continue to run its home and garden business from its Duluth, GA, headquarters and maintain its national showrooms and sales force.
In addition, Napa Home & Garden is moving to a new, larger showroom at AmericasMart Atlanta. The new showroom space in Building 2, 1210, will debut at the upcoming Atlanta winter market, January 8-16. The company will also open a new permanent showroom in Las Vegas and continue to maintain its existing showrooms in Dallas and High Point.
"KC and I are very excited about resuming control of the company we started," said Jerry Cunningham, Napa Home & Garden CEO. "We will be installing new, state of the art systems, expanding inventory levels and improving fill rates." Cunningham also stated that Napa will utilize the large C & F warehouse facility in Newport News, VA, and be ready to fill orders in late January.
"The mission and the values of Napa are the same as ours," stated James Fang, executive vice president of C & F Enterprises. "We see a great future for Napa, with expanded growth, more innovation and irresistible product offerings."
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