Inscape Corporation and HUK 121 Ltd., a subsidiary of Hilco Capital Limited, have announced that Hilco has been successful in its bid to purchase common shares of Inscape.
As such, Inscape, once one of Ontario’s largest office furniture manufacturers, is now a subsidiary of HUK 121 Ltd.
Headquartered in London, UK, Hilco Capital Limited is a subsidiary of US-based group, Hilco Global. Hilco is a leading turnaround investor in the retail, wholesale and manufacturing sectors. Hilco’s investment portfolio includes investments with annual sales revenues ranging from $50 million to $2 billion. Hilco is an experienced private equity investment group which partners with management teams through hands-on financial and operational support in order to facilitate business recoveries.
Since 1888, Inscape has been designing products and services that are focused on the future, so businesses can adapt and evolve without investing in their workspaces all over again. Their versatile portfolio includes systems furniture, storage, and walls – all of which are adaptable and built to last. Inscape’s wide dealer network, showrooms in the United States and Canada, along with full service and support for all clients, enables them to stand out from the crowd.
