Monarch Robe & Towel Co. Acquires Cypress Luxury Bath & Bed Amenities
July 13, 2011
Monarch Robe & Towel Co. acquired Cypress Luxury Bath & Bed Amenities from Russell Newman Brands, completing the transaction on July 13, 2011. The deal consolidates two major suppliers of bathrobes, towels and linens for the global hospitality industry to expand product offerings and customer reach.
- Buyers
- Monarch Robe & Towel Co.
- Targets
- Cypress Luxury Bath & Bed Amenities
- Sellers
- Russell Newman Brands
- Industry
- Manufacturing
- Location
- United States
- Transaction Type
- Buyout
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