The Sale involved the following transactions:
- Sale of the DC Rollform Integrated Metal Fabrication business
- Sale of the
Falconer, New York land, building and certain equipment located at221 Lister Avenue - Lease agreement whereby Inscape leases back a portion of space to continue the manufacture and distribution of its branded Walls products.
“This transaction is consistent with our commitment to grow our business profitably by focusing on our core branded business. We expect this transaction will significantly improve our operational and financial performance,” commented
About Inscape
Since 1888, Inscape has been designing products and services that are focused on the future, so businesses can adapt and evolve without investing in their workspaces all over again. Our versatile portfolio includes systems furniture, storage, and walls – all of which are adaptable and built to last. Inscape’s wide dealer network, showrooms in
For more information, visit myinscape.com.
Contact
Chief Financial Officer
T 905 952 4102
ahirji@myinscape.com
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