KV Acquires Diamond Storage Concepts LLC

Thursday, January 3, 2013

Grand Rapids, MI – Knape & Vogt today announced that it has acquired the assets of Diamond Storage Concepts LLC, marketers of the Hyloft® brand of storage products.  Diamond is located in Las Vegas, Nevada.  Hyloft is the leading brand of ceiling mounted overhead storage products and also markets wall mounted shelving and tire storage products.  Hyloft products are sold through many leading retail outlets as well as internet marketers and professional garage storage installers.

“The acquisition of Diamond Storage Concepts and the Hyloft brand of products adds exciting new products to KV’s line of garage and utility storage products business” commented Peter Martin, President and CEO of Knape & Vogt.  “Garage storage is one of the fastest growing categories in home storage and organization.  The addition of Hyloft products and the Diamond Storage team to our company will provide opportunity to further penetrate this important category.

Mike Mikich, Diamond Storage General Manager said “We are excited to join forces with Knape & Vogt to grow the Hyloft brand.  Our combined resources will allow us to reach new customers and rapidly develop the new products we have recently launched.”

Integration activities will begin immediately.

About Knape & Vogt

Knape & Vogt, based in Grand Rapids, Michigan brings more than a century of experience to the design, manufacturing, and distribution of functional hardware, storage-related components and ergonomic products for original equipment manufacturers, specialty distributors, office furniture dealers, hardware chains and major home centers throughout the US and Canada.  Major product categories include: KV® brand drawer slides; wall-attached shelving units and specialty hardware products; kitchen, closet and bath storage products; and Workrite® and Idea at Work® brand ergonomic office products. Additional information about KV is available at www.knapeandvogt.com and www.workriteergo.com