Thibaut Buys Coraggio

MINNEAPOLIS. MN – New Jersey–based fabric, wallcoverings and furniture brand Thibaut purchased Bellevue, Washington based wholesaler Coraggio on July 13. The terms of the deal were not disclosed but the two brands began talks late last year. Thibaut itself was also purchased by private equity group Norwest Equity Partners in 2021. Thibaut CEO Rick Kilmer says the two companies will...