A home furnishers maker is to be sold to a British company that wants to expand its business in the United States.
David Furniture Group (DFG) is owned by David Furniture, a group that makes furniture and accessories including a variety of kitchen accessories and kitchen cabinets.
It employs around 10,000 people.DFG is a small company with annual sales of around £3.4 billion, according to its annual report, which also shows the firm’s profits in the last year totalled £6.4 million.
In 2016, the firm recorded £6 million in profits.
The company reported a net loss of £7.2 million in the year to March 2019.