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Man Wah acquired a 50% stake in European upholstery manufacturer Home Group and its brand Fleming. Home Group has five factories in Poland, the Baltic States and Ukraine, and supplies retailers including Ikea.
“Given the fast-changing demand in the Europe, China and North America markets, the strategic alliance with Home Group will create synergies across product development, sourcing, manufacturing and sales”furnituretoday.com
Summarized from public sources; check the original articles before acting on it.