Sandow Media acquires Material Connexion and Culture & Commerce, Inc.
Home Accents Today Staff -- Home Accents Today, June 2, 2011
NEW YORK — Sandow Media, parent company of Home Accents Today, announced it has acquired Material ConneXion, Inc., a global materials consultancy, and its sister company, Culture & Commerce Inc., a design management firm in the U.S.
"We are thrilled to be joining the Sandow team," said George M. Beylerian, founder of Material ConneXion and Culture & Commerce. "Adam Sandow truly understands our vision, and we are excited to become an integral part of the Sandow platform, taking this business to the next level. I have every confidence that the future of both companies is in great hands and will continue to grow through his expertise and burgeoning network."
Bylerian's focus with the newly acquired companies will be to provide vision and direction, support the growth of the company's international licensing program and render ambassadorial duties. Michele Caniato will remain in his leadership role as president of both Material ConneXion and Culture & Commerce.
"The acquisition of Material ConneXion and Culture & Commerce is a pivotal step for us," said Adam I. Sandow, chairman and CEO, Sandow Media. "Material ConneXion's unparalleled expertise in materials, sustainability and design, coupled with its expanding global presence will bring substantial knowledge to our corporation and greatly magnify our business connections and international reach. Culture & Commerce's leadership position at the intersection of the business and design worlds provides a valuable, strategic resource for ourselves and clients."
"With Sandow supporting them, the synergistic opportunities are exciting and limitless."
Founded in 1997, Material ConneXion provides innovative materials research and strategic materials insight. Locations in the U.S., Europe and Asia offer access to membership-based Materials Libraries with more than 6,000 advanced and sustainable materials and consulting services-from strategy development to materials sourcing, manufacturing support and workshops. Over the years, Material ConneXion helps companies create better, more sustainable designs, build stronger brands and increase profits.
With a 360-degree view of the world of materials, its intelligence is used in every area of design, from products, packaging and architecture to interiors, transportation and fashion.
"Sandow intends to heavily invest in George Beylerian's vision and the business he has built," Sandow said. "Under President Michele Caniato's leadership, we will leverage the resources of our overall platform to significantly grow the Material ConneXion influence and expand its global presence."
"We plan to open Material Libraries around the world, bring the platform to more universities and corporations, and devote substantial funds to new technologies that will greatly benefit our clients."
Culture & Commerce's business savvy and creative expertise have been sought out by both designers seeking to develop new business and corporations who turn to Culture & Commerce to identify the right designers to make their projects successful. Culture & Commerce and Material ConneXion increasingly work together to provide companies with the essential ingredients to make a project successful: the designer, the materials and the sustainability strategy.
The acquisition comes on the heels of Material ConneXion's announcement that it will open 10 Material Libraries throughout China by 2017, beginning with Beijing in October 2011, and Shanghai and Guangzhou in 2012. This year, the company will also launch a new online Materials Database.
Dr. Andrew H. Dent, vice president, library & materials research, will continue to guide and develop Material ConneXion's expanding knowledge base.
The transaction between Sandow Media and Material ConneXion was brokered by Berkery Noyes.
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