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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