Hooker Furniture completes purchase of Sam Moore

01/05/2007

US furniture manufacturer Hooker Furniture Corporation has completed its acquisition of Virginia-based chair manufacturer Sam Moore Furniture from La-Z-Boy Incorporated.

The Sam Moore Furniture business will operate as a wholly-owned subsidiary of Hooker and Mike Moldenhauer will continue as its president and chief executive officer.

In the short-term, Hooker expects revenues from Sam Moore will help to replace revenues lost as a result of closing its domestic wood furniture manufacturing operations in Roanoke and Martinsville, Virginia, in the past year.