Armen Living acquires Uwharrie Chair
Armen Living has acquired Uwharrie Chair Company, although financial details remain undisclosed. This move allows Armen Living to establish a permanent presence in High Point, North Carolina, a significant hub for the furniture industry. The acquisition also includes a strategic property purchase — a 12,000 square-foot building that will serve as the joint location for Armen Living and Uwharrie Outdoor Living.
The newly acquired property covers nearly an acre and comprises two connected buildings. Armen Living plans to modernize the larger, 7,000 square-foot main building with interior upgrades and a revamped exterior, including an outdoor space with a deck to feature luxury outdoor furniture. This strategic integration of facilities will aid in consolidating operations and expanding both brands' customer base. The second phase will involve remodeling the 5,000 square-foot building at the site’s rear, complete with shipping docks, to optimize distribution and logistical capabilities.
This acquisition and property investment underscore Armen Living’s commitment to expanding its footprint and enhancing its market offering. Tammy Covington, President and CEO of High Point Market Authority, noted that the new site will contribute to the diversity and appeal of the High Point Market, a major trade event in the furniture sector. Armen Living and Uwharrie Chair Company share core values and ethics, crucial to their merger success, according to Armen Living’s leadership.
The integration of Armen Living and Uwharrie Chair Company comes at a time of vibrant competition in the home furnishings market, where diversification and innovation are key to retaining consumer interest. Armen Living's move to expand product categories and establish a custom Design Center at the Las Vegas Market this year highlights the company's strategy to offer unique, customizable solutions amid consumer demand for personalized home experiences.
Looking ahead, Armen Living’s blend of contemporary home furnishings with Uwharrie's American-made outdoor line positions the company well in a segment keen on outdoor lifestyle solutions. Market watchers will be keen to follow the debut of Armen Living’s Uwharrie Chair line at the upcoming Atlanta Market, and any further developments from the High Point site as renovations proceed.
Deal timeline
This transaction is classified in Furniture. Figures and status may change as sources update.