Palecek Acquires PierceMartin
RICHMOND, Calif.-Palecek, a designer and manufacturer of hand-crafted furniture, accessories and lighting, has acquired PierceMartin, a designer resource for woven furniture and accessories.
With the purchase, Palecek will launch a new corporate division and a product line exclusively serving the design trade community. The first product launch of PierceMartin by Palecek is scheduled for the first quarter of next year.
"Acquiring PierceMartin deepens Palecek's focus as a product resource for designers," said Allan Palecek, chief executive officer. "The extensive product development, manufacturing and customization offered at Palecek will maximize capabilities tailored specifically to the design trade."
Palecek will integrate PierceMartin--which has its operations on the East Coast--into the Palecek facilities here.