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| DATE: February 5, 2010 |

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CABER DISTRIBUTORS INC. ACQUIRES SURE FIT HOME FURNISHINGS LTD.TO CREATE CABER SURE FIT INC.
Bernard Weinstein, President, Caber Distributors Inc., is pleased to announce that Caber Distributors has acquired Sure Fit™ Home Furnishings, Ltd., and the company will now be called Caber Sure Fit Inc.
Caber Distributors is a Canadian company based in Markham, Ontario, that is Defining the Sleep Zone™ by providing healthy sleep solutions for the entire family with its exceptional bedding products. For over 50 years, Sure Fit™, a Canadian company based in Ajax, Ontario, has manufactured and distributed fashionable, top quality ready-made slipcovers for a wide range of upholstered sofas and chairs.
“Straight away, I recognized the amazing synergy between Caber and Sure Fit™ explains Bernard Weinstein. “Both companies are market leaders, share the same corporate vision, and understand the importance of acquiring and maintaining a superb reputation in the marketplace. To constantly provide excellent customer service and innovative, high quality products are the common goals that have shaped our organizations.”
“For the past 50 years, Sure Fit™ has been the market leader in the furniture covering industry”, explains Stephen Barry, President, Sure Fit™ Home Furnishings. “Our slipcovers have provided people with immediate yet attractive solutions to protect their valuable sofas and chairs while, at the same time, providing them with very fashionable, economical make-overs for their so-yesterday living rooms and dens. For Sure Fit™, the synergy between our two companies means increased business opportunities, new directions, and the ability to build upon our success and tradition. We’re excited!”
Founded in 2001, Caber is the exclusive Canadian distributor for all Protect-A-Bed® mattress protectors including AllerZip™ for total allergy and bed bug protection, and Sleeplogic® sheets, pillows duvets. In addition, Caber has created the BedCare™ Mattress Warranty, and offers the Diamond-Kote® Furniture Protection Plan and P3 Performance Protection Plan for appliances. Today, with its superior coast-to-coast representatives and five distribution channels – retail, hospitality, pest control, health care, property management – Caber is experiencing extraordinary growth.
Since 1959, Sure Fit™ has provided national chains, smaller retailers and home décor stores across Canada with slipcovers in attractive styles, fabrics and colours suitable for all sofas and chairs. Visually appealing and easy-to-install, customers from a wide range of demographics use Sure Fit™ to protect their upholstered furniture from damage while, at the same time, solve a decorating problem and make an exciting design statement. Sure Fit™ slipcovers, all machine-washable, deliver functionality and fashion, along with value-added satisfaction.
Because Sure Fit™ is such a well-respected and trusted brand, Caber will retain the Sure Fit™ name, website, and the company’s dedicated staff and sales force. However, the Sure Fit™ purchase will necessitate that Caber moves to larger premises and hires additional personnel.
“Our acquisition is a vital part of our future growth strategy,” continues Bernard Weinstein. “Sure Fit™’s product lines will greatly enhance our overall customer offering and allow us to expand activities in our five channels, as well as develop new ones.”
In response to the possibility of more corporate acquisitions in the future, Bernard Weinstein responds, “Absolutely. Our goal was always full coverage – if there’s a product that can be covered, we’ll do it. So far, we’re covering mattresses with our Protect-A-Bed® protectors, our Sleeplogic® sheets, pillows, duvets, as well as our BedCare™ warranty. Furthermore, we’ve covering furniture with our Diamond-Kote® Furniture Plan, and appliances with our P3 Performance Protection Plan. Now, we’re covering sofas and chairs with Sure Fit™. When we advise our customers to get under the covers with us, we really mean it!”
Visit our websites:
www.protectabed.ca, www.caber.ca, www.bedcare.ca, www.surefit.ca
Available for comment: Bernard Weinstein, President, Caber Distributors Inc., and Stephen Barry, President, Sure Fit® Home Furnishings Ltd. |
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