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Bed Bath & Beyond buys Linen Holdings in all cash-transaction
Union, N.J. -- Bed Bath & Beyond Inc. bought textile distributor Linen Holdings LLC in an all-cash transaction for approximately $105 million to boost its sourcing capabilities and gain access to new customers.
Based in Gibbsboro, N.J., Linen Holdings is a privately held distributor of bath, bed and table linens and other textile products to customers in the hospitality, cruise line, food service, health care and other industries.
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Bed Bath & Beyond to acquire Cost Plus
Union, N.J. -- Bed Bath & Beyond Inc. said that it has reached a definitive agreement to acquire Cost Plus in an all cash transaction. The deal is valued at some $495 million, according to Reuters.
Based in Oakland, Calif., Cost Plus currently operates 259 stores under the names World Market, Cost Plus World Market, Cost Plus Imports, and World Market Stores in 30 states.