The Container Store Acquires Closet Works
December 30, 2021
The Container Store (NYSE: TCS) acquired Chicago-based custom home storage and closet manufacturer Closet Works for $21.5 million, a deal that closed December 30, 2021. The acquisition expands The Container Store's wood-based manufacturing capabilities and premium product offering, giving the retailer in-house production, greater quality control and opportunities to increase margins and customization options.
- Buyers
- The Container Store
- Targets
- Closet Works
- Industry
- Retail
- Location
- Illinois, United States
- Transaction Type
- Buyout
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