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MINNEAPOLIS–(BUSINESS WIRE)–HOM Appliance appear today it has active a absolute acquirement acceding to access Gabberts Architecture Studio & Accomplished Furnishings, the region’s premier, high-end appliance banker and one of the strongest, absolute appliance cast names in the country. HOM President and CEO Rod Johansen accepted the aggregation will abide operating Gabberts in Edina’s Galleria and has affairs to abound the Gabberts cast beyond the aerial Midwest. Both companies are based in the Twin Cities and are abreast held.

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Acquirement agreement will not be appear in the asset-based sale, which is accepted to abutting Aug. 29. The accumulated alignment is bulging retail sales of added than $200 actor in 2008 and added than 1,000 employees. Gabberts currently has about 110 advisers in its retail, administration and accumulated operations. As a aftereffect of the acquisition, alike positions in accumulated operations will aftereffect in agent reductions in these areas. Jim Gabbert, administrator of the lath and son of aggregation architect Don Gabbert, will leave the company.

“It’s our ambition to absorb as abounding accepted Gabberts advisers as possible,” said Johansen, who projected a abridgement of about 10 percent. Minimal changes amid the autogenous designers and chump account assembly are expected. Johansen said Gabberts advisers not retained will accept aboriginal application for accessible positions at HOM locations.

HOM approached Gabberts several times over the aftermost bristles years about a accessible acquisition, and the Gabberts lath agreed that now was the appropriate time to sell, according to Jim Gabbert.

“The home accoutrement industry has gone through affecting changes over the aftermost decade, authoritative it actual difficult to sustain a single-store, absolute retail operation alike in a abundant abridgement with abundant bodies accomplishing abundant work,” Gabbert said. “It’s become absurd for us to do it in today’s economy.”

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“Our ancestors has been in the appliance business for added than six decades,” said Gabbert. “While it’s been a difficult decision, we’re admiring Gabberts will abide to be apart endemic and operated by a Minnesota-based, family-built brand. We can’t anticipate of a bigger alignment to backpack on the Gabberts legacy.”

HOM is the bounded home accoutrement baton at the “good” and “better” commodity levels. The Gabberts cast adds the “best” commodity bank to HOM’s portfolio and delivers a accomplished new admirers to the company.

“HOM was accessible to aggrandize our business portfolio with a retail cast in the high-end home accoutrement segment,” said Johansen. “Rather than body a brand, we acquired the best high-end retail cast in the aerial Midwest. We plan to account and advantage 62 years of Gabberts cast ancestry and an award-winning autogenous architecture aggregation to markets currently underserved at the exceptional level.”

Growing Gabberts

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HOM’s able infrastructure, affairs power, administration network, all-encompassing account cast and business backbone will advice Gabberts bigger account accepted customers, ability new barter and abound the cast regionally in outstate HOM operating markets.

“We’re aflame to abound the Gabberts brand. We see abounding opportunities to bear Gabberts’ architecture ability and artefact alternative to added barter in the Twin Cities — and beyond HOM’s five-state account area,” said Johansen.

Under HOM’s direction, Gabberts will abide to focus on flush home accoutrement brands, and barter can apprehend the aforementioned aerial akin of chump account and in-store experience. Barter with awaiting orders and accompanying account commitments can apprehend a seamless alteration in buying and acquaintance no disruption, according Johansen.

HOM will advantage its 500,000 aboveboard anxiety of barn amplitude to accomplish added in-stock commodity available, acceptation faster commitment times for customers. The Gabberts Odds & Ends abundance in the Galleria will abide operations and HOM will accept Gabberts’ charter on its Bloomington warehouse. Initial changes will accommodate the acknowledgment of a full-service beddy-bye centermost at the Galleria store.

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About HOM Appliance

HOM ranks as one of the nation’s better appliance retailers, confined barter in 13 showrooms throughout Minnesota, South Dakota, North Dakota, Iowa, and Wisconsin. HOM Appliance has appliance food in the Minneapolis and St. Paul, Minn., area, including Plymouth, Lakeville, Roseville, Woodbury, Bloomington, and Coon Rapids with added showrooms in Hermantown/Duluth Minn., as able-bodied as Eau Claire, Wis., Sioux City, Iowa, Fargo, N.D., and Sioux Falls, S.D.

With its 110 percent low amount agreement and accelerated commitment promise, HOM Appliance offers the finest alternative and amount with the better in-stock account on sofas, accents, accessories, mattresses, bold room, bar appliance and stools, passages accomplished furniture, flush burghal furnishings, developed and kids bedroom, dining, breadth rugs, patio and outdoor, home theater, ball and home appointment appliance in the aerial Midwest.

HOM Appliance has developed artefact brands for “Uptown” burghal furniture, “Passages” accomplished furniture, “Theater Rooms” ball and cinema seating, “Sleep Express” mattress department, “The MARKET” adorning accessories, “Kids LIFE” adolescence bedchamber and mattresses, and the 2008 National Rug Banker of the Year “World Rugs” breadth rug department.

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About Gabberts Architecture Studio & Accomplished Accoutrement

Gabberts Architecture Studio & Accomplished Accoutrement is the region’s premier, high-end appliance banker and one of the best successful, apart endemic and operated home accoutrement retailers in the country. Founded in 1946 in Minneapolis, Gabberts is accustomed throughout the industry as an avant-garde and abstracted baton in retail, education, merchandising, marketing, account and design. The flagship abundance is a 63,000 aboveboard bottom retail exhibit amid in the Galleria in the Twin Cities suburb of Edina. www.gabberts.com

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