Cunninghams reacquire Napa Home & Garden
Home Accents Today Staff -- Home Accents Today, 2/1/2013 2:00:00 AM
Jerry And KC Cunningham, founders of Napa Home & Garden, have acquired the assets of the Napa business from Teters Floral Products in a deal finalized in early January. As part of this transaction, the Cunninghams have partnered with textile and gift wholesaler C&F Enterprises, which will lend financial and operational support to Napa.
Napa will continue to run its home and garden business from its Duluth, Ga., headquarters and maintain its national showrooms and sales force.
In addition, Napa Home & Garden moved into a new space at the recent Atlanta market and opens a new permanent showroom in Las Vegas for the winter show. It also maintains its existing showrooms in Dallas and High Point.
"KC and I are very excited about resuming control of the company we started," said Jerry Cunningham, Napa Home & Garden CEO. "We will be installing new, state of the art systems, expanding inventory levels and improving fill rates." Cunningham also stated that Napa will utilize the large C&F warehouse facility in Newport News, Va., and be ready to fill orders in late January. "Napa will again be a family-run business, but with more show space, more products and better systems than we have ever had."
"The mission and the values of Napa are the same as ours," said James Fang, executive vice president of C&F Enterprises. "We see a great future for Napa, with expanded growth, more innovation and irresistible product offerings."
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