Louisville, KY, June 06, 2009 --(PR.com
)-- Acquisition Extends Offerings
Rev-A-Shelf, LLC and Peter Meier Inc, LLC today announced that the companies have signed an agreement under which Rev-A-Shelf, LLC will acquire privately held Lazy Daisy®, a division of Peter Meier Inc, LLC.
Lazy Daisy® is a complete line of lazy susans and storage accessories for cabinetry. Terms of the transaction include the Lazy Daisy® product category and all products, tooling, patents and trademarks from Peter Meier Inc, LLC who will continue selling its remaining product offerings.
“The addition of the Lazy Daisy® polymer Lazy Susan business is an important strategic step to broaden our core product offering, strengthen our relationship with key OEM and Distributor customers, and contribute to our recent transition to taking on the molding of our own products in Jeffersontown, Kentucky” said David Noe, General Manager of Rev-A-Shelf, LLC.
“At PMI, we are a team of dedicated individuals who take pride in serving our customers. We are committed to a smooth transition with Rev-A-Shelf, LLC and assure that the same high level of customer service will be maintained going forward”, said Peter Meier, President and CEO of PMI, LLC.
About Rev-A-Shelf, LLC.
Established in 1978 as a division of Jones Plastic & Engineering, our product line began as metal and polymer Lazy Susan components manufactured for the largest U.S. cabinet manufacturers and has grown into the market leading innovator of quality, functional residential cabinet storage and organizational products such as Lazy Susans, Kitchen Drawer Organizers, Base Cabinet and Pantry Pull-Outs, functional Waste Containers and Childproof Locking System. The product line currently consists of polymer, wire, wood, and stainless steel components, manufactured and marketed globally to Kitchen Dealers, Cabinet and Furniture Manufacturers, Cabinet Industry Distributors, and Retail Home Centers. Rev-A-Shelf Europe markets and distributes from a
distribution center in Le Balmay, France.
About PMI, LLC.
Since 1987, Peter Meier Inc, LLC (PMI) has been a leading supplier of hardware and accessories for the cabinetry and hardware industries. They have been dedicated to providing manufacturers and distributors with smart solutions for their functional and decorative needs.