Home decor supplier NBG Home has acquired Quoizel, which designs and markets decorative lighting.
Quoizel’s headquarters and team will remain in Charleston, SC, after the transaction, NBG stated. Quoizel president Rick Seidman will continue in his role.
Scott Slater, CEO of NBG, said, “We are pleased to welcome Quoizel to the NBG family. Quoizel’s brand is widely known for quality and innovation in fine decorative lighting. Its strong sales force and capable design team are well-regarded for their customer first attitude. We look forward to partnering with Rick Seidman and the Quoizel team as we increase our operating scale, product and brand diversity to further enhance our category management solutions to the benefit of our retail partners. Furthermore, we plan to capitalize on each company’s market leadership, sales force and capabilities to driver higher revenue growth than either company could independently accomplish.”