Kravet Buys GP&J Baker, Parkertex; Crowson Winds Up With Monkwell

Bethpage, NY (USA) – In a bidding race almost too close to call, U.S.-based Kravet Fabrics Corp. has completed its acquisition of the assets of GP&J Baker and Parkertex, and U.K.-based Crowson Fabrics acquired the Monkwell brand from Silentnight Holdings Plc, a bedding and furniture manufacturer based near Manchester. The assets sold to Kravet include the 50-year-old Parkertex brand, a...