Facebook Twitter LinkedIn Google Plus RSS

Closet & Storage Concepts acquires More Space Place

By ,

Closet & Storage Concepts, based in the West Berlin section of Berlin Township, announced today it has acquired More Space Place, maker of furniture and home organization products. Financial terms were not disclosed.

According to the announcement, combined system-wide sales are projected to be approximately $40 million with more than 400 employees and 39 locations nationwide, positioning Closet & Storage Concepts as one of the largest companies in the "space-saving" home furnishings & improvement industry.

The privately held company was founded in 1987 by President and CEO Bob Lewis in the southern New Jersey/Philadelphia market and has has 11 locations, three company-owned and eight franchise-owned, in nine states, the company said in statement.

More From This Industry

Write to the Editorial Department at editorial@njbiz.com

Related Stories

Leave a Comment


Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
View Comment Policy


Subscribe to Our Newsletters!
Click Here to Subscribe for Free Now!