We are very excited to announce that The Gerson Companies has signed a definitive agreement to acquire Garden Meadow Inc. and Garden Meadow Hong Kong Ltd. The acquisition is scheduled to close on July 16, 2014.
Garden Meadow is a privately owned designer and importer of a broad range of decorative garden products, both solar lighted and non-lighted items, located in Milford Connecticut. Garden Meadow has been in business for over 25 years. All of Garden Meadows products are original, proprietary designs that have been copyright protected.
Sandy Cooper, the owner of Garden Meadow, will work as a consultant to Gerson and Garden Meadow going forward focusing on new product design and development.
Our collective goal is to expand on the fantastic Garden Meadow product line. Garden Meadow has offered its product line to customers only on a direct import basis without domestic warehouse capabilities. Beginning immediately, Garden Meadow and Gerson will jointly market and sell the Garden Meadow spring 2015 product line to their combined customers, offering both direct import product and pricing and domestic distribution with products offered FOB Gerson’s DC in Olathe, KS.
Garden Meadow and Gerson will present their respective product lines at the National Hardware show in Las Vegas May 6-8, 2014. Gerson will also debut the Garden Meadow line in its Olathe, KS showroom beginning June 9, 2014, in the Gerson showroom at the Atlanta AmericasMart July 8-15, 2014, and in Gerson’s showroom in Las Vegas from July 27-31, 2014.
The transition period will be seamless to you after which most of the operations of Garden Meadow’s office will be moved into The Gerson Companies’ office. The expected move completion date is August 31, 2014.
For Garden Meadows customers, please continue working with your existing sales account manager. For Gerson customers, you will hear from Gerson and/or your Gerson representative about the Garden Meadow product line being offered for spring 2015.
We look forward to working together and thank you for the continued support of the Garden Meadow and Gerson product lines.
Chairman and CEO