Syosset, N.Y.—Stanton Carpet has acquired substantially all assets of Hibernia Woolen Mills, a supplier that services the high-end residential market with well-styled, decorative tufted wool carpets. As part of the deal, Steve Bric, president of Hibernia Woolen Mills, will join Stanton on a long-term consulting basis to provide assistance in product development. He will also continue to help manage the Hibernia sales team.
“We look forward to working with Steve and building on Hibernia’s specialty tufted wool product portfolio,” said Jonathan Cohen, CEO and president, Stanton Carpet.
This new relationship will allow Hibernia to flourish through Stanton’s resources while offering customers more unique products for the decorative tufted wool residential market. Stanton will assume all operational responsibilities and relocate the inventory to Stanton’s new 227,000-square-foot distribution, customer service and fabrication center in Calhoun, Ga. The Hibernia products will continue to be sold through its existing network of sales agents.
Stanton’s internal team will assume Hibernia accounts starting Nov. 13. The company will also resume shipments from Stanton’s Calhoun location at that time.
All orders shipped prior to Nov. 6 belong to Hibernia. Any orders originally placed with Hibernia that did not ship prior to end of the business day Nov. 3 will be assumed by Stanton. All orders—whether open or new—shipped Nov. 6 or later will be billed and payable to Stanton.
The Hibernia deal follows Stanton Carpet’s 2016 purchase of Crescent Carpet Importers, a boutique supplier serving the high-end residential market with patterned and textured carpets with a focus on wool.