Hastings-based upholstery manufacturer Collins and Hayes Furniture Ltd has been sold by Airsprung Group plc to luxury brand specialist Wessex Bristol.
Since its purchase by Airsprung five years ago, Collins and Hayes has been extensively restructured, enjoying considerable investment.
According to MD Matt O'Flynn, the company is looking to build on these recent improvements in design, marketing, quality and service, and to grow turnover with current customers and new market developments.
The Airsprung Group board believes that the acquisition by the furniture-focused Wessex Bristol best serves the long-term interests of all stakeholders.
Collins and Hayes, which won Interiors Monthly magazine's Best UK Furniture Manufacturer award this week, plans to launch new models and marketing materials at Autumn Long Point, AIS' September show, and Minerva's Autumn Furniture Show in October.
All current trading details and contacts remain, the only change being the company's bank details.
