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Magnussen Home Furnishings

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uuid000mj1k

Namestring
Magnussen Home Furnishings
Legal namestring
Magnussen Home Furnishings Ltd
Company typeenum
Private
Founded yearint
1931
Descriptiontext

Magnussen Home Furnishings Ltd is a privately held, Canadian-domiciled wholesale furniture designer, importer, and distributor founded in 1931. The company operates a multi-category product portfolio spanning bedroom, dining room, home office and desks, home entertainment, occasional tables, accents, and upholstery, serving authorized furniture retailers, department stores, and internet retailers through a B2B dealer network rather than direct-to-consumer channels. Its go-to-market is anchored by dedicated sales, marketing, and showroom offices in High Point, North Carolina, a North American distribution center in Orangeburg, South Carolina, and an owned Asia distribution warehouse in Ho Chi Minh City, Vietnam, supported by over 30 years of offshore sourcing experience.

The company's product offering has expanded in recent years beyond the legacy Magnussen Home line to include the Salt Life Home coastal-aesthetic sub-brand launched in Summer 2024, and in December 2025 Magnussen acquired the Pulaski Furniture and Samuel Lawrence Furniture brands from Hooker Furnishings Corporation for approximately $6.1 million, adding case-goods depth including the Drew and Jonathan Home collections. Revenue is generated through one-time wholesale purchase orders placed by dealers via a dedicated dealer portal and direct sales engagement with the High Point-based sales team; pricing is not publicly disclosed. The company employs between 101 and 250 people across its Waterloo (Ontario) head office, High Point operations, North American distribution, and Vietnam warehouse, with no public listing, no disclosed investors, and no parent company identified.

Short descriptiontext

Magnussen Home Furnishings is a privately held, Canadian-domiciled wholesale designer, importer, and distributor of residential furniture (bedroom, dining, occasional, upholstery, home office, entertainment) selling exclusively through authorized furniture retailers, department stores, and internet retailers.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersNew Hamburg, Canada
HQ citystring
New Hamburg
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices5 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
wholesale furniture, home furnishings, bedroom furniture, dining furniture, upholstered furniture
Industry1 code
1Furniture (Residential & Commercial) Wholesale Distribution
CodeCRAOAFAAPrimaryYes
NAICS code1 code
  • Home Furnishing Merchant Wholesalers42322
SIC code1 code
  • Wholesale-Furniture & Home Furnishings5020
Product category
Wholesale Home Furnishings
No data
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model1 record
1Wholesale Furniture Sales
TypeOne Time License
Description

Magnussen Home Furnishings generates revenue through designing, importing, and distributing wholesale furniture to retailers worldwide. The company sells bedroom, dining, occasional tables, upholstery, home office, and home entertainment systems across all style categories.

magnussen.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 3 records shown
1Salt Life Home
Description

Coastal-themed home furnishings brand offering bedroom, dining, occasional tables, and home entertainment products launched in 2024

magnussen.com
+2 more records
Core offering1 text field

Magnussen Home Furnishings is a wholesale designer, importer, and distributor of residential home furnishings operating since 1931. The company sells bedroom, dining room, occasional tables, upholstery, home office/desk, and home entertainment systems across all style categories to a global network of furniture retailers, department stores, and internet retailers. It maintains wholesale distribution centers in North America and Asia and supports dealers through a catalog portal and dedicated sales offices.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Magnussen Home Furnishings is a wholesale furniture company established in 1931, operating as a recognized global leader in home furnishings. The company designs, imports, and distributes occasional tables, bedroom, dining, upholstery, home office, and home entertainment systems across all style categories for retailers worldwide. The product portfolio includes the main Magnussen Home brand, the coastal-themed sub-brand Salt Life Home (launched Summer 2024), and recently acquired brands Pulaski Furniture and Samuel Lawrence (December 2025). Key product lines include bedroom furniture (beds, dressers, chests, nightstands), dining room furniture (tables, chairs, buffets), occasional tables (end tables, cocktail tables, sofa tables), and upholstery. The company operates with over 30 years of offshore sourcing experience, maintaining distribution centers in California and Vietnam, with headquarters in Waterloo, Ontario, Canada and sales offices in High Point, North Carolina.

Product and service13 records
1Salt Life Home
CategorySub-brand / Product Line
Description

Coastal-themed home furnishings sub-brand offering bedroom, dining, occasional, and upholstery products with beach-inspired designs distributed to retailers nationwide.

2Pulaski Furniture
CategoryAcquired Brand
Description

Case goods furniture brand featuring bedroom and dining furniture distributed to retailers as part of Magnussen's wholesale portfolio.

3Samuel Lawrence Furniture
CategoryAcquired Brand
Description

Case goods furniture brand featuring bedroom and dining furniture distributed to retailers as part of Magnussen's wholesale portfolio.

4Bedroom Furniture
CategoryProduct Category
Description

Complete bedroom furniture line including beds (queen, king, cal king), dressers, chests, nightstands, mirrors, and storage pieces across all collections, sold wholesale to furniture retailers.

5Dining Room Furniture
CategoryProduct Category
Description

Dining room furniture including tables, chairs, buffets, servers, sideboards, and bar/counter stools for residential dining spaces, sold wholesale to furniture retailers.

6Occasional Furniture
CategoryProduct Category
Description

Occasional tables including end tables, cocktail tables, sofa tables, accent tables, and nesting tables for living spaces, sold wholesale to furniture retailers.

7Upholstery
CategoryProduct Category
Description

Upholstered furniture including upholstered beds and dining chairs featuring fabric and paper cord accents, sold wholesale to furniture retailers.

8Home Office & Desk
CategoryProduct Category
Description

Home office furniture including desks and storage solutions for residential home office and work spaces, sold wholesale to furniture retailers.

9Entertainment Furniture
CategoryProduct Category
Description

Home entertainment systems and furniture for media storage and display, sold wholesale to furniture retailers.

10Sunset Cove Collection
CategoryProduct Line / Collection
Description

Coastal-inspired bedroom, dining, and occasional furniture collection crafted of Cathedral White Oak veneer with Sanibel Brown finish and Dark Bronze hardware, featuring paper cord-wrapped accents and metal stretchers.

11Sugar Mill Collection
CategoryProduct Line / Collection
Description

Sophisticated bedroom collection with Spiced Rum finish featuring Random Cathedral Flip/Slip Ash wood veneers and Weathered Brass hardware, designed for timeless luxury.

12Windmill Harbour Collection
CategoryProduct Line / Collection
Description

Laid-back coastal bedroom collection with soft White Whisp and Sand two-tone finishes featuring driftwood oak tops and white-painted base, with decorative reeding details.

13Echo Isles Collection
CategoryProduct Line / Collection
Description

Transitional casual style collection with Sea Pearl and Driftwood finishes, featuring quartered oak tops, chippy white undertop surfaces, and Satin Silver hardware for bedroom, dining, and occasional furniture.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
Strategic tierMinorTypeOthersAnnounced on2026-04-24
Description

Magnussen participates as a sponsor in City of Hope's Spirit of Life gala, an industry event honoring cancer research and patient care. City of Hope is a National Cancer Institute-designated comprehensive cancer center.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-12-15
Description

Magnussen completed acquisition of Pulaski Furniture and Samuel Lawrence Furniture brands from Hooker Furnishings Corporation for approximately $6.1 million on December 15, 2025. This strategic acquisition adds two established case goods brands to Magnussen's portfolio.

Strategic tierCoreTypeTechnology or Integration
Description

Salt Life Home is a related brand under Magnussen Home Furnishings, bringing the iconic coastal aesthetic to retailers nationwide. The brand launched in Summer 2024 with bedroom, dining, and occasional collections.

Recent move4 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Wholesale furniture designer, importer, and distributor with overlapping case goods, bedroom, and dining product lines. Hooker was the seller of Pulaski Furniture and Samuel Lawrence Furniture to Magnussen in December 2025, making it the closest publicly comparable peer.

TypeDirect peer
Description

The largest US-based furniture manufacturer and wholesale importer. Ashley competes with Magnussen across bedroom, dining, occasional, upholstery, and home office categories through similar authorized dealer and big-box retail channels.

3A.R.T. Furniture
TypeDirect peer
Description

Wholesale case goods and upholstery furniture importer with bedroom, dining, and occasional product lines. A.R.T. serves the same authorized furniture dealer base as Magnussen through similar overseas sourcing and High Point Market distribution.

TypeDirect peer
Description

Wholesale importer and distributor of competitively priced residential furniture across bedroom, dining, occasional, and upholstery categories. Coaster's broad assortment and dealer-direct model closely parallel Magnussen's wholesale go-to-market.

TypeDirect peer
Description

Wholesale furniture manufacturer and importer focused on bedroom, dining, and occasional tables for the residential furniture retail channel. Operates a similar B2B distribution model serving independent furniture stores.

TypeDirect peer
Description

Importer and wholesale distributor of residential furniture including bedroom, dining, occasional, and accent pieces. Competes with Magnussen in the mid-tier wholesale segment supplied to furniture retailers nationwide.

TypeBroad incumbent
Description

Vertically integrated furniture manufacturer and retailer operating both wholesale and company-owned retail stores. While Bassett serves overlapping bedroom, dining, and occasional categories, its retail-anchored model differs from Magnussen's pure wholesale approach.

TypeBroad incumbent
Description

Large-scale furniture manufacturer and retailer with strong upholstery and case goods brands. La-Z-Boy previously owned Kincaid and American Drew (referenced on Magnussen's website news) and competes in similar furniture categories, though with a much broader retail footprint.

TypeBroad incumbent
Description

Diversified furniture manufacturer with strong upholstery and case goods offerings distributed through furniture retailers and hospitality channels. Operates at a larger scale than Magnussen with public-company financial transparency.

TypeBroad incumbent
Description

Manufacturer and vertically integrated retailer of residential furniture, including bedroom, dining, occasional, and upholstery. While Ethan Allen competes in overlapping categories, its design-and-retail model and premium positioning differ from Magnussen's wholesale importer strategy.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries3 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance2 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Magnussen Home Furnishings

Wholesale Home Furnishingsmagnussen.com

Magnussen Home Furnishings is a privately held, Canadian-domiciled wholesale designer, importer, and distributor of residential furniture (bedroom, dining, occasional, upholstery, home office, entertainment) selling exclusively through authorized furniture retailers, department stores, and internet retailers.

What Magnussen Home Furnishings does

Magnussen Home Furnishings Ltd is a privately held, Canadian-domiciled wholesale furniture designer, importer, and distributor founded in 1931. The company operates a multi-category product portfolio spanning bedroom, dining room, home office and desks, home entertainment, occasional tables, accents, and upholstery, serving authorized furniture retailers, department stores, and internet retailers through a B2B dealer network rather than direct-to-consumer channels. Its go-to-market is anchored by dedicated sales, marketing, and showroom offices in High Point, North Carolina, a North American distribution center in Orangeburg, South Carolina, and an owned Asia distribution warehouse in Ho Chi Minh City, Vietnam, supported by over 30 years of offshore sourcing experience.

The company's product offering has expanded in recent years beyond the legacy Magnussen Home line to include the Salt Life Home coastal-aesthetic sub-brand launched in Summer 2024, and in December 2025 Magnussen acquired the Pulaski Furniture and Samuel Lawrence Furniture brands from Hooker Furnishings Corporation for approximately $6.1 million, adding case-goods depth including the Drew and Jonathan Home collections. Revenue is generated through one-time wholesale purchase orders placed by dealers via a dedicated dealer portal and direct sales engagement with the High Point-based sales team; pricing is not publicly disclosed. The company employs between 101 and 250 people across its Waterloo (Ontario) head office, High Point operations, North American distribution, and Vietnam warehouse, with no public listing, no disclosed investors, and no parent company identified.

Magnussen Home Furnishings firmographics

Firmographics
Name
Magnussen Home Furnishings
Legal name
Magnussen Home Furnishings Ltd
Website
https://www.magnussen.com/
Company type
Private
Founded year
1931
Operating status
Operating
Headcount range
101–250 employees
Short description
Magnussen Home Furnishings is a privately held, Canadian-domiciled wholesale designer, importer, and distributor of residential furniture (bedroom, dining, occasional, upholstery, home office, entertainment) selling exclusively through authorized furniture retailers, department stores, and internet retailers.
Ownership category
akta.pro rank

Magnussen Home Furnishings industry classification

Industry
Product category
Wholesale Home Furnishings
NAICS
Home Furnishing Merchant Wholesalers (42322)
SIC
Wholesale-Furniture & Home Furnishings (5020)
akta.pro primary industry
Furniture (Residential & Commercial) Wholesale Distribution (CRAOAFAA)

Keywords

  • Wholesale furniture
  • Home furnishings
  • Bedroom furniture
  • Dining furniture
  • Upholstered furniture

Where Magnussen Home Furnishings is headquartered

Location

Headquarters

HQ city
New Hamburg
HQ country
Canada
HQ region
North America

Offices5 records

Markets served

Magnussen Home Furnishings business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

  1. Wholesale Furniture Sales: Magnussen Home Furnishings generates revenue through designing, importing, and distributing wholesale furniture to retailers worldwide. The company sells bedroom, dining, occasional tables, upholstery, home office, and home entertainment systems across all style categories.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Magnussen Home Furnishings product offering

Product offering

Core offering

Magnussen Home Furnishings is a wholesale designer, importer, and distributor of residential home furnishings operating since 1931. The company sells bedroom, dining room, occasional tables, upholstery, home office/desk, and home entertainment systems across all style categories to a global network of furniture retailers, department stores, and internet retailers. It maintains wholesale distribution centers in North America and Asia and supports dealers through a catalog portal and dedicated sales offices.

Product overview

Magnussen Home Furnishings is a wholesale furniture company established in 1931, operating as a recognized global leader in home furnishings. The company designs, imports, and distributes occasional tables, bedroom, dining, upholstery, home office, and home entertainment systems across all style categories for retailers worldwide. The product portfolio includes the main Magnussen Home brand, the coastal-themed sub-brand Salt Life Home (launched Summer 2024), and recently acquired brands Pulaski Furniture and Samuel Lawrence (December 2025). Key product lines include bedroom furniture (beds, dressers, chests, nightstands), dining room furniture (tables, chairs, buffets), occasional tables (end tables, cocktail tables, sofa tables), and upholstery. The company operates with over 30 years of offshore sourcing experience, maintaining distribution centers in California and Vietnam, with headquarters in Waterloo, Ontario, Canada and sales offices in High Point, North Carolina.

Differentiator

Problem solved

Functional benefit

Brands

  • Salt Life Home: Coastal-themed home furnishings brand offering bedroom, dining, occasional tables, and home entertainment products launched in 2024
  • Pulaski Furniture
  • Samuel Lawrence

Products and services

  • Salt Life Home Coastal-themed home furnishings sub-brand offering bedroom, dining, occasional, and upholstery products with beach-inspired designs distributed to retailers nationwide.
  • Pulaski Furniture Case goods furniture brand featuring bedroom and dining furniture distributed to retailers as part of Magnussen's wholesale portfolio.
  • Samuel Lawrence Furniture Case goods furniture brand featuring bedroom and dining furniture distributed to retailers as part of Magnussen's wholesale portfolio.
  • Bedroom Furniture Complete bedroom furniture line including beds (queen, king, cal king), dressers, chests, nightstands, mirrors, and storage pieces across all collections, sold wholesale to furniture retailers.
  • Dining Room Furniture Dining room furniture including tables, chairs, buffets, servers, sideboards, and bar/counter stools for residential dining spaces, sold wholesale to furniture retailers.
  • Occasional Furniture Occasional tables including end tables, cocktail tables, sofa tables, accent tables, and nesting tables for living spaces, sold wholesale to furniture retailers.
  • Upholstery Upholstered furniture including upholstered beds and dining chairs featuring fabric and paper cord accents, sold wholesale to furniture retailers.
  • Home Office & Desk Home office furniture including desks and storage solutions for residential home office and work spaces, sold wholesale to furniture retailers.
  • Entertainment Furniture Home entertainment systems and furniture for media storage and display, sold wholesale to furniture retailers.
  • Sunset Cove Collection Coastal-inspired bedroom, dining, and occasional furniture collection crafted of Cathedral White Oak veneer with Sanibel Brown finish and Dark Bronze hardware, featuring paper cord-wrapped accents and metal stretchers.
  • Sugar Mill Collection Sophisticated bedroom collection with Spiced Rum finish featuring Random Cathedral Flip/Slip Ash wood veneers and Weathered Brass hardware, designed for timeless luxury.
  • Windmill Harbour Collection Laid-back coastal bedroom collection with soft White Whisp and Sand two-tone finishes featuring driftwood oak tops and white-painted base, with decorative reeding details.
  • Echo Isles Collection Transitional casual style collection with Sea Pearl and Driftwood finishes, featuring quartered oak tops, chippy white undertop surfaces, and Satin Silver hardware for bedroom, dining, and occasional furniture.

Companies that use Magnussen Home Furnishings

Customer profile

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Magnussen Home Furnishings technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

Magnussen Home Furnishings partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered minor and core.

  • City of HopeminorOthers · 24 April 2026Magnussen participates as a sponsor in City of Hope's Spirit of Life gala, an industry event honoring cancer research and patient care. City of Hope is a National Cancer Institute-designated comprehensive cancer center.
  • Hooker Furnishings CorporationcoreStrategic or Co-development Partner · 15 December 2025Magnussen completed acquisition of Pulaski Furniture and Samuel Lawrence Furniture brands from Hooker Furnishings Corporation for approximately $6.1 million on December 15, 2025. This strategic acquisition adds two established case goods brands to Magnussen's portfolio.
  • Salt Life HomecoreTechnology or IntegrationSalt Life Home is a related brand under Magnussen Home Furnishings, bringing the iconic coastal aesthetic to retailers nationwide. The brand launched in Summer 2024 with bedroom, dining, and occasional collections.

Scale indicators4 records

Recent moves4 records

Expansion highlights5 records

Magnussen Home Furnishings competitors and assessment

Company assessment

Direct peers

  • Hooker Furnishings: Wholesale furniture designer, importer, and distributor with overlapping case goods, bedroom, and dining product lines. Hooker was the seller of Pulaski Furniture and Samuel Lawrence Furniture to Magnussen in December 2025, making it the closest publicly comparable peer.
  • Ashley Furniture Industries: The largest US-based furniture manufacturer and wholesale importer. Ashley competes with Magnussen across bedroom, dining, occasional, upholstery, and home office categories through similar authorized dealer and big-box retail channels.
  • A.R.T. Furniture: Wholesale case goods and upholstery furniture importer with bedroom, dining, and occasional product lines. A.R.T. serves the same authorized furniture dealer base as Magnussen through similar overseas sourcing and High Point Market distribution.
  • Coaster Company of America: Wholesale importer and distributor of competitively priced residential furniture across bedroom, dining, occasional, and upholstery categories. Coaster's broad assortment and dealer-direct model closely parallel Magnussen's wholesale go-to-market.
  • Standard Furniture: Wholesale furniture manufacturer and importer focused on bedroom, dining, and occasional tables for the residential furniture retail channel. Operates a similar B2B distribution model serving independent furniture stores.
  • Acme Furniture: Importer and wholesale distributor of residential furniture including bedroom, dining, occasional, and accent pieces. Competes with Magnussen in the mid-tier wholesale segment supplied to furniture retailers nationwide.

Broad incumbents

  • Bassett Furniture Industries: Vertically integrated furniture manufacturer and retailer operating both wholesale and company-owned retail stores. While Bassett serves overlapping bedroom, dining, and occasional categories, its retail-anchored model differs from Magnussen's pure wholesale approach.
  • La-Z-Boy Incorporated: Large-scale furniture manufacturer and retailer with strong upholstery and case goods brands. La-Z-Boy previously owned Kincaid and American Drew (referenced on Magnussen's website news) and competes in similar furniture categories, though with a much broader retail footprint.
  • Flexsteel Industries: Diversified furniture manufacturer with strong upholstery and case goods offerings distributed through furniture retailers and hospitality channels. Operates at a larger scale than Magnussen with public-company financial transparency.
  • Ethan Allen Interiors: Manufacturer and vertically integrated retailer of residential furniture, including bedroom, dining, occasional, and upholstery. While Ethan Allen competes in overlapping categories, its design-and-retail model and premium positioning differ from Magnussen's wholesale importer strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Magnussen Home Furnishings compliance and trust

Trust signal

Compliance2 records

Magnussen Home Furnishings financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Magnussen Home Furnishings leadership team

Management profile

Number of profiles

Profiles3 records

Magnussen Home Furnishings subsidiaries and ownership

Company hierarchy

Subsidiaries3 records

Magnussen Home Furnishings funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Magnussen Home Furnishings M&A and investment

M&A and investment

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Magnussen Home Furnishings

What does Magnussen Home Furnishings do?

Magnussen Home Furnishings is a wholesale designer, importer, and distributor of residential home furnishings operating since 1931. The company sells bedroom, dining room, occasional tables, upholstery, home office/desk, and home entertainment systems across all style categories to a global network of furniture retailers, department stores, and internet retailers. It maintains wholesale distribution centers in North America and Asia and supports dealers through a catalog portal and dedicated sales offices.

Is Magnussen Home Furnishings a public or private company?

Magnussen Home Furnishings is a private company. It is classified as family owned and is currently operating.

When was Magnussen Home Furnishings founded?

Magnussen Home Furnishings was founded in 1931. It employs 101 to 250 people.

Where is Magnussen Home Furnishings based?

Magnussen Home Furnishings is headquartered in New Hamburg, Canada, in the North America region.

How does Magnussen Home Furnishings make money?

One revenue line is on record: wholesale Furniture Sales.

Who are Magnussen Home Furnishings's main competitors?

Direct peers on record are Hooker Furnishings, Ashley Furniture Industries, A.R.T. Furniture, Coaster Company of America, Standard Furniture and Acme Furniture. Broad incumbents are Bassett Furniture Industries, La-Z-Boy Incorporated, Flexsteel Industries and Ethan Allen Interiors.

Does Magnussen Home Furnishings have an API?

No public API is recorded for Magnussen Home Furnishings.

What industry is Magnussen Home Furnishings in?

Magnussen Home Furnishings's product category is Wholesale Home Furnishings. Its primary akta.pro industry code is CRAOAFAA, Furniture (Residential & Commercial) Wholesale Distribution. Its NAICS code is 42322 and its SIC code is 5020.

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Contact sales
Live signals
MarketScreenerMagnussen Home Furnishings, Inc. completed the acquisition of American Drew and Kincaid wholesale casegoods businesses from La-Z-Boy Incorporated.Magnussen Home Furnishings completed the acquisition of American Drew and Kincaid wholesale casegoods businesses from La-Z-Boy Incorporated on June 1, 2026. The transaction is subject to customary closing conditions and is expected to close in mid-May. Stump & Company acted as financial advisor for La-Z-Boy.Home News NowWhy M&A activity is picking up in the furniture industryMerger and acquisition activity in the home furnishings industry is rebuilding after several quiet years, with recent notable deals including Hooker Furnishings divesting Pulaski and Samuel Lawrence to Magnussen, Man Wah acquiring Southern Motion, Bain Capital planning an IPO of Bob's Discount Furniture, La-Z-Boy exiting legacy brands Kincaid and American Drew, and Somnigroup pursuing Leggett & Platt. This uptick aligns with broader global M&A trends, with total deal value and transaction volume reaching their highest levels since 2021, driven by improving housing fundamentals, easing mortgage rates, and more accommodative Federal Reserve policy expectations. The U.S. furniture market saw full-year 2025 sales of approximately $137 billion, up roughly 4% versus 2024, while motivated sellers and a deeper buyer universe—including both strategic and private equity buyers—suggest continued M&A momentum ahead.HookerfurnishingsHooker Furnishings Completes Sale of Pulaski Furniture and Samuel Lawrence Furniture for Approximately $6.1 MillionHooker Furnishings Corporation completed the sale of its Pulaski Furniture and Samuel Lawrence Furniture casegoods brands to Magnussen Home Furnishings, Inc. for approximately $6.1 million, subject to post-closing adjustments. The company also shed approximately $4.8 million in HMI showroom lease liabilities as Magnussen assumes the High Point showroom lease, with ten percent of the purchase price held back for 210 days. CEO Jeremy Hoff described the transaction as a significant milestone toward enhanced profitability and expressed optimism about future opportunities including the Margaritaville licensed collection.GlobeNewswireHooker Furnishings Completes Sale of Pulaski Furniture and Samuel Lawrence Furniture for Approximately $6.1 MillionHooker Furnishings Corporation completed the sale of its Pulaski Furniture and Samuel Lawrence Furniture casegoods brands to Magnussen Home Furnishings, Inc. for approximately $6.1 million, a price higher than initially estimated. The transaction also freed Hooker from approximately $4.8 million in HMI showroom lease liabilities as Magnussen assumed the lease. CEO Jeremy Hoff described the sale as a significant milestone toward enhanced profitability, positioning the company for a more focused business going forward.citybizHooker Furnishings Sells Pulaski Furniture and Samuel Lawrence Furniture For $6.1 MillionHooker Furnishings Corporation has completed the sale of its Pulaski Furniture and Samuel Lawrence Furniture casegoods brands to Magnussen Home Furnishings, Inc. for approximately $6.1 million, exceeding the initially estimated price. The transaction enabled Hooker Furnishings to shed approximately $4.8 million in HMI showroom lease liabilities and related expenses, as Magnussen assumes the lease of HMI's High Point showroom. CEO Jeremy Hoff stated the company is moving forward with positive momentum following modest improvements in sales and margins within Hooker Branded and Domestic Upholstery for the fiscal third quarter.MarketScreenerMagnussen Home Furnishings, Inc. completed the acquisition of Pulaski Furniture and Samuel Lawrence Furniture case goods brands of Hooker Furnishings Corporation for approximately $6.1 million.Magnussen Home Furnishings, Inc. completed the acquisition of Pulaski Furniture and Samuel Lawrence Furniture case goods brands from Hooker Furnishings Corporation for approximately $6.1 million on December 15, 2025. The transaction price increased from the initially estimated $4.8 million announced on December 1, 2025, based on final closing adjustments tied to net book value. Stump & Company served as financial advisor and McGuireWoods LLP as legal advisor for Hooker Furnishings Corporation.YahooWhy M&A is heating up in the home worldMergers and acquisitions activity is picking up in the home furnishings industry after a 2025 freeze caused by tariff uncertainty. Hooker Furniture sold two brands to Magnussen Home, while mattress company Somnigroup (parent of Sleep Number) is pursuing component maker Leggett & Platt. Industry advisors report deal activity at record levels, driven by easing trade tensions, Federal Reserve interest rate cuts making borrowing cheaper, and baby boomer owners seeking exits.Investing.comHooker Furnishings to sell Pulaski and Samuel Lawrence brands for $4.8 million By Investing.comHooker Furnishings Corporation has entered into a definitive agreement to sell its Pulaski Furniture and Samuel Lawrence Furniture brands to Magnussen Home Furnishings for approximately $4.8 million. The transaction, expected to close by mid-December 2025, also involves the transfer of lease liabilities and is part of Hooker's broader restructuring efforts to streamline its portfolio. This divestiture follows recent financial losses reported by the company as it attempts to improve its profitability.Furniture TodayMagnussen Home agrees to acquire 2 former HMI brandsMagnussen Home Furnishings has signed an agreement to acquire Pulaski Furniture and Samuel Lawrence Furniture, two established case goods brands, from Hooker Furnishings, with the deal expected to close on Dec. 10. Magnussen will also assume Home Meridian International's High Point corporate office and its 220 Elm showroom as part of the transaction. The acquisition is positioned as a strategic expansion to broaden Magnussen's brand portfolio and retail partnerships in the case goods market.