Regal Acquires Krelan
November 20, 2003
Middleton, MA - Regal Fabrics Inc. said it has acquired the business operations of Krelan Corp., a high end converter of jacquard upholstery fabrics. Krelan Fabrics will be marketed as a division of Regal Fabrics, a converter of woven jacquard fabrics, primarily for furniture. All production, design, customer service and distribution will be consolidated with Regal's operations in Massachusetts.
Krelan's chenilles product line will be merged with Regal operations in order to realize greater economies of scale, according to Steve Kahan, principal of Regal. "This will allow us to give better service from stock while expanding the depth and range of the Krelan line. With recent mergers and acquisitions in the industry, we see an opportunity to provide a resource for upscale, sophisticated decorative fabrics that represent a good value to customers seeking something special," he added.
The Krelan business activities will be consolidated with Regal Fabrics' operations at their offices and warehouse near Boston, Massachusetts. Krelan General Manager Alan Krigsfeld is relocating to the Boston area and will continue working with Krelan customers. "This is a great step forward for Krelan. I am excited about the chance to merge Krelan's product strength with Regal's operational expertise," noted Krigsfeld.
"We are ready for the exciting task of integrating Krelan and putting the capabilities of Regal Fabrics behind the new division," stated Regal Fabrics founder and CEO Herb Kahan. "We've already reinforced the Krelan sales team, added substantially to inventories of best selling items and started working with suppliers to improve lead times. We are continually striving to be among our customers' best suppliers and will apply that philosophy to the Krelan division," he added.
Krelan will present its new line of jacquard upholstery fabrics in January at Showtime in High Point, North Carolina. The Krelan showroom is on the second floor of the Market Square Textile Tower, just around the corner from the Regal Fabrics showroom. Customers may contact Alan Krigsfeld (alan@regalfabrics.com) at 978-777-6868 to make appointments for Showtime.
Krelan's chenilles product line will be merged with Regal operations in order to realize greater economies of scale, according to Steve Kahan, principal of Regal. "This will allow us to give better service from stock while expanding the depth and range of the Krelan line. With recent mergers and acquisitions in the industry, we see an opportunity to provide a resource for upscale, sophisticated decorative fabrics that represent a good value to customers seeking something special," he added.
The Krelan business activities will be consolidated with Regal Fabrics' operations at their offices and warehouse near Boston, Massachusetts. Krelan General Manager Alan Krigsfeld is relocating to the Boston area and will continue working with Krelan customers. "This is a great step forward for Krelan. I am excited about the chance to merge Krelan's product strength with Regal's operational expertise," noted Krigsfeld.
"We are ready for the exciting task of integrating Krelan and putting the capabilities of Regal Fabrics behind the new division," stated Regal Fabrics founder and CEO Herb Kahan. "We've already reinforced the Krelan sales team, added substantially to inventories of best selling items and started working with suppliers to improve lead times. We are continually striving to be among our customers' best suppliers and will apply that philosophy to the Krelan division," he added.
Krelan will present its new line of jacquard upholstery fabrics in January at Showtime in High Point, North Carolina. The Krelan showroom is on the second floor of the Market Square Textile Tower, just around the corner from the Regal Fabrics showroom. Customers may contact Alan Krigsfeld (alan@regalfabrics.com) at 978-777-6868 to make appointments for Showtime.
