--- title: "Gabriel agrees to sell its European FurnMaster business to Leggett & Platt" type: "News" locale: "en" url: "https://longbridge.com/en/news/292863885.md" description: "August 2024 saw Gabriel Holding A/S reveal plans to divest its furniture manufacturing operations, the \"FurnMaster business.\" This move comes as part of a revamped growth strategy emphasizing the expansion of the Group's global textile business. The company intends to either fully or partially sell off the furniture manufacturing segment as it shifts its priorities." datetime: "2026-07-16T06:25:59.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292863885.md) - [en](https://longbridge.com/en/news/292863885.md) - [zh-HK](https://longbridge.com/zh-HK/news/292863885.md) generator: "portal-rs" --- # Gabriel agrees to sell its European FurnMaster business to Leggett & Platt August 2024 saw Gabriel Holding A/S reveal plans to divest its furniture manufacturing operations, the "FurnMaster business." This move comes as part of a revamped growth strategy emphasizing the expansion of the Group's global textile business. The company intends to either fully or partially sell off the furniture manufacturing segment as it shifts its priorities. ### Related Stocks - [LEG.US](https://longbridge.com/en/quote/LEG.US.md) ## Related News & Research - [Somnigroup Lifts Synergy Target to $75M After Closing Leggett & Platt Deal](https://longbridge.com/en/news/297862330.md) - [SGI: Leggett & Platt acquisition boosts integration, synergies, and EPS, positioning for industry recovery](https://longbridge.com/en/news/297802010.md) - [Somnigroup International files Form 3 for officer Karl G. Glassman, CEO of Leggett & Platt](https://longbridge.com/en/news/297364065.md) - [Short Interest in Gabelli Equity Trust Inc. (NYSE:GAB) Decreases By 44.6%](https://longbridge.com/en/news/297436134.md) - [Leggett & Platt Completes Merger and NYSE Delisting](https://longbridge.com/en/news/297076619.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**