Kohler Sells its Furniture Brands
Kohler Co. has agreed to sell its luxury furniture lines – Baker, McGuire and Milling Road – to a Chinese firm.
The sale to a U.S.-based subsidiary of Samson Holding Ltd. for as much as $35 million will take Kohler out of furniture manufacturing, an industry that has been wracked by overseas competition.
Kohler has owned Baker, which includes the Milling Road brand, since 1986. Kohler acquired McGuire, which offers “casual luxury” furniture with a California sensibility, in 1990.
Spokesman Todd Weber said by email that Kohler had evaluated its furniture business “and determined that it no longer aligned with the company’s strategy and core focus moving forward.”