Safco Products Co., a Minneapolis office furniture and products manufacturer, planned to close its three Sheboygan, Wisconsin, locations. Earlier, Safco purchased FDMC 300 company Mayline Co.
MINNEAPOLIS – Safco Products Co. announced it will acquire office furniture manufacturer Mayline Co. LLC. Terms of the transaction, which is expected to close by September, were not disclosed.
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Mayline Company, LLC, a mid-market contract furniture manufacturing company, manufactures and distributes office furniture, filing, storage, and customized solutions. It offers desks and storage.
Growth at Safco Products Company Continues with Planned Mayline Acquisition. Minneapolis (August 18, 2016) – Safco Products Company today announced its plans to acquire the business assets of Wisconsin-based Mayline Company, LLC. Mayline is a portfolio company of Baird Capital. Safco is part of the Liberty Diversified International (LDI) family of companies.
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After leaving Brady, he joined the Baird Capital team to run one of their private equity companies, Mayline, a manufacturer of office furniture. After three years, Klotsche and team sold the business.
Safco buys Sheboygan furniture manufacturer Baird Capital agrees to sell Mayline to Minneapolis company Check out this story on jsonline.com: http://on.jsonl.in/2bwFTEI.
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Mayline-Safco, a furniture maker owned by New Hope, Minn.-based Liberty, is eliminating positions at three Sheboygan facilities in a move that will affect about 127 workers