C&F Enterprises Acquires Transpac
June 2, 2016,
VACAVILLE, CA–Transpac Inc., a gift, seasonal, garden and home décor product manufacturer, has been acquired by C&F Enterprises. C&F Enterprises is an artist-designed home accessories company with 40 years of global manufacturing experience. With more than 15,000 customers worldwide, Transpac designs and distributes consumer products throughout the independent retail channel, as well as through national retail chains.
“We could not be more excited about this strategic partnership,” said Laurie Gilner, president of Transpac. “Transpac has entered 2016 with record sales, a keen focus on design and a renewed commitment to our retailers to produce top-quality product with strong margin incentives. This partnership will provide the long-term support we need to maintain our position as a seasonal leader in the gift and home industry, while continuing the product development initiatives we launched in 2015. Like Transpac, C&F holds retailer relationships at the core of their foundation. With our 2016 Holiday product shipping in the coming weeks, we are thrilled to have C&F and their vast industry experience in our corner.”
“C&F has been impressed with Transpac’s recent rebranding and product direction, as well as the truly outstanding relationships with their retailers,” Jimmy Fang, evp of C&F Enterprises, said. “Our intention is to maintain and support the foundation already in place with the continued direction from their current management team, which has unprecedented experience and passion for this industry and for Transpac. “We look forward to the collaboration and continuing to provide the exceptional service, products and selection Transpac’s loyal customers have come to expect from the brand.”
Transpac will maintain showrooms in Atlanta, Dallas, and Las Vegas, and will introduce more than 1,600 new SKUs in the company’s 2017 spring and garden collections this summer.
Related Content By Author
Industry Related Content
Randy Eller on Business & M&A Activity in 2017