Harbour Group has acquired Top Knobs USA, a leading provider of fine decorative hardware for the kitchen and bath industry, Jeff Fox, Harbour Group’s chief executive officer, announced. Terms of the transaction were not disclosed.
Top Knobs, based in Hillsborough, N.J., provides an extensive selection of uniquely designed pulls, handles and knobs to its broad customer base of home owners, contractors, architects, and designers. The company is known for its high-quality craftsmanship, innovative designs, and exceptional service, including same- or next-day shipment on orders of any size. Top Knobs offers over 2,600 products in 17 different collections through independent kitchen, bath, and decorative hardware dealers as well as through cabinet manufacturers and distributors nationwide. Additional information about the company is available at its website, www.topknobsusa.com.
Mr. Fox said, “The Top Knobs team has built an exciting company, with a strong brand and loyal customer base. We look forward to working with the management team and providing the tools we have developed over the years to further enhance the company’s value to its customers and ultimately to the end consumer. We see interesting similarities between Top Knobs and our previous investments in the home décor market. Our strategy will be to invest in a variety of organic growth initiatives, while aggressively seeking to acquire complementary businesses. Although many people are uncertain about the building products industry right now, we see an opportunity with Top Knobs to implement the same philosophy we’ve used for the past 30 years – partner with top-quality companies to build long-term value.”
Erik Rhoda, president of Top Knobs, commented, “Harbour Group was able to demonstrate its commitment to dedicating resources, both professional and financial, for the continued growth of the business that our family and management has worked so hard to build over the years. We felt that they truly valued our team’s achievements and the company’s potential. Having Harbour Group as a partner will allow us to focus on developing new products, building closer relationships with our independent dealer network, and extending our brand to adjacent markets.”
Harbour Group is a privately owned company based in St. Louis, Missouri. Harbour Group and its operating companies are engaged in the manufacture and distribution of a wide variety of consumer and industrial products, including specialty LED lighting products, linear actuators and switches, automotive-enthusiast products, lubricating systems and equipment, abrasives, diamond cutting products and related tools, entertainment and music products, and auxiliary plastic processing equipment. Since its founding in 1976, Harbour Group has acquired 154 companies in 33 different industries.
