Bed Bath & Beyond Acquires Linen Distributor

UNION, N.J. - Just weeks after announcing it will acquire specialty retailer Cost Plus, Bed Bath & Beyond announced on June 1 the all cash acquisition of Linen Holdings, LLC for approximately $105 million.
     Based in Gibbsboro, N.J., Linen Holdings is a privately owned, value-added distributor of bath, bed and table linens and other textiles for the hospitality, cruise line, food service, healthcare and other industries.
     "We are very excited to add the talented Linen Holdings team members and their sourcing and sales expertise to our existing operations. We look forward to the opportunity to support and augment the offerings provided by Linen Holdings, LLC to its current and prospective customers," said Steven Temares, ceo of Bed Bath & Beyond.
     Bed Bath & Beyond already has a division that sells into the hospitality market, but the Linen Holdings acquisition is expected to ramp up its presence there.

Research Store

Featured Video

Subscribe to
Home Textiles Today eDaily
Receive the news you need to know about the trends in the industry delivered right to your inbox.

Most Viewed Articles

CURRENT ISSUE

HTT November 2017 cover

See the November 2017 issue of Home Textiles Today. In this issue, we look at Complex Colors, Complex Times--Trend forecasters and interior designers weigh in on 2018 palettes and motifs.  Other articles include: Data: Exclusive HTT soft window research; Innovation: Material Changes conference preview; Country report: India invests in the future and Fabrics: Showtime preview.  See details!