Focus Products Group Acquires Arcs & Angles
MAY 20, 2008. Focus Products Group, LLC. today announced that, through a newly formed subsidiary, it has completed the purchase of Arcs & Angles, Inc. This represents Focus' third acquisition this year.
Arcs is a designer and marketer of specialty branded bathroom accessories. The Company's patented Hookless(R) shower curtain has become the hotel industry standard, with Arcs supplying many of the major hotel chains. The products also are sold to consumers through major retailers and on QVC.
Arcs, based in New York City, was founded in 2003 by John Benis, John DeWees and Teddy Marcus. Messrs. DeWees and Marcus will be joining Focus to continue their success in developing innovative products for bathrooms. The existing Arcs' distribution centers and corporate offices will be continued under Focus ownership.
Arcs' co-founder and President, John DeWees, commented, "We have found the perfect partner in Focus, where we can take advantage of each other's strengths. Focus has built an impressive organization since its founding in 2001. I am extremely excited to become part of Focus as we continue to build a substantial presence in the bathroom accessory marketplace."
Arcs' co-founder and Vice President of Sales, Teddy Marcus, said "The combination of the existing Focus Bath Group product lines with the Hookless(R) shower curtains and The Arc(R) curved shower rod allows us to become a greater force in supplying the hospitality industry with their requirements. We have many exciting new products in development which will further expand our position."
"As with our recent acquisitions of Warmrails and Sitlax/Steeltek, we have a desire to continue to expand our strength in the bath sector. Focus Bath Group is a key division of our company and we are able to supply hotels and consumers with the majority of their bathroom products needs," said Focus Products Group CEO, Keith Jaffee. "Our current business segment concentrations include kitchen accessories, small appliances primarily for the kitchen, electrics business, commercial foodservice equipment from Focus Foodservice and bath products."
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