Natuzzi acquires Kingdom of Leather

14/05/2003

Natuzzi S.p.A, the world’s largest leather sofa maker, has acquired the London-based upholstered furniture specialist, Castlegate 170 Ltd.

 

The £30 million ($48.4 million) deal is backed by Barclays Private Equity and gives the Italian manufacturer control of the Castlegate owned subsidiary, Kingdom of Leather.

 

No change of name is planned for the firm, which has a network of 15 stores across the UK.