# Man Wah acquires 50% stake in Home Group and Fleming brand

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.

- Type: Acquisition
- Announced: 2017-08-04
- Where: Eastern Europe
- Status: announced
- Products: upholstered furniture

## Companies

- [Man Wah Holdings](https://endata.com/companies/26073.md) (acquirer)
- [Home Group](https://endata.com/companies/26074.md) (target)

## Sources

- [furnituretoday.com](https://www.furnituretoday.com/business-news/man-wah-acquires-home-group-fleming-brand/), 2017-08-04: "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"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.