Hickory Hardware acquired by management team
Management personnel from Hickory Hardware have completed a deal to purchase the decorative, prime door and security product assets of Hickory Hardware from Melrose.
Terms of the deal were not released.
"Our customers are very supportive of this change in ownership," said Andy Fedor, partner and president, Belwith Products, in a press release announcing the agreement.
The company will be based in Grandville, Mich., in the former headquarters of Belwith International. Hickory Hardware's headquarters had been in Nashville, while Belwith's lineage traces back to the founding of the Keeler Brass Co. in Middleville, Mich., in 1893.
"This move is a return to our roots in Michigan, where we forged our reputation for a high level of service and for supply chain efficiency," said Fedor. "We are committed to continuing our design leadership in the industry while providing the best quality products and programs to our customers in an on-time and complete manner."
Belwith Products will design and market Hickory Hardware brand cabinet, door, security and builder's hardware, as well as legacy brands Belwith, Belwith-Keeler, First Watch, Period Brass, Designer Collection and Keeler Brass, to retail, distribution, showroom, co- op and OEM channels in the United States and Canada.