Gabriel Holding agrees to sell European FurnMaster unit to Leggett & Platt for DKK 67.3 million

Leggett & Platt, Incorporated

Leggett & Platt, Incorporated

LEG

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  • Gabriel Holding agreed to sell its European FurnMaster furniture manufacturing business to Leggett & Platt.
  • Deal covers FurnMaster operations in Lithuania and Poland, with Leggett & Platt taking over related staff, assets, liabilities in Denmark.
  • Enterprise value set at DKK 67.3 million, with a potential deferred payment of up to DKK 7.5 million.
  • Mexican FurnMaster operations are excluded, remaining up for sale.
  • Transaction remains subject to customary closing conditions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gabriel Holding A/S published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607160223OMX_____CNEWS_EN_GNW1001213008_en) on July 16, 2026, and is solely responsible for the information contained therein.

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