Teters Floral acquires assests of Napa Home & Garden

The assets of Napa Home & Garden, Inc., have been acquired by Teters Floral Products, Inc., a leader in the permanent floral and decorative accessories industry. Transaction details were finalized on Aug. 4, after the two organizations entered into an agreement for Teters to purchase assets related to the core Napa home & garden business.

Napa also announced the company is taking orders as normal and shipping from its Duluth, Ga., facility, now as Napa Home & Garden, a division of Teters Floral. Napa founders Jerry and KC Cunningham will direct Napa operations, and the company will maintain showrooms at the Atlanta, Dallas, Denver, High Point and Los Angeles markets. Napa will continue to utilize its sales force of over 75 independent representatives.

“My wife, KC, and I look forward to providing the elegant and tasteful home and garden products our customers have come to expect,” said Napa founder Jerry Cunningham, “only now with the financial and operational support of such a strong owner as Teters. Buyers will now experience a bigger and better Napa Home & Garden.”

“We at Teters have been admirers of the Napa team, product offering, and approach to customer service for quite some time,” said Mark Johnson, CEO of Teters. “We believe the synergies between Teters and Napa will expand the capabilities of both groups tremendously.”

Napa Home & Garden recently filed for Chapter 11 bankruptcy protection following a spate of lawsuits against the company over problems with a slow-burning gel it marketed for use with decorative fire pots.