AccuQuilt, a subsidiary of TekBrands, has acquired June Tailor, enhancing its product portfolio and market presence in the quilting and crafting industry.

Information on the Target

AccuQuilt, LLC, a subsidiary of TekBrands, LLC, has successfully acquired the brand, product line, and key assets of June Tailor, a prominent designer and marketer known for its innovative quilting, sewing, and crafting products. Established in 1961, June Tailor has built a strong reputation for providing unique solutions tailored to enthusiasts of quilting and sewing. The company is celebrated for its comprehensive range of problem-solving rulers, pressing tools, consumable notions, and an assortment of sewing kits, allowing crafters of all skill levels to create high-quality projects with ease.

This acquisition enables AccuQuilt to enhance its market presence and leverage June Tailor's established reputation and complementary product range. As a result, the deal is expected to create synergies that will ultimately benefit both companies and their customers.

Industry Overview in the Target’s Specific Country

The quilting and crafting industry in the United States has seen notable growth due to an increasing number of individuals taking up sewing and crafting as hobbies. This rise can be attributed to a growing interest in DIY projects, home