Faribault Woolen Mill has acquired Brahms Mount from Sferra Fine Linens, a portfolio company of Highlander Partners and a home lifestyle company.
Sferra is an Italian luxury lifestyle brand established in 1891 and has expanded its categories to include mattresses, accessories for the table, and home and décor gifts. The deal follows Sferra’s strategy of refocusing on Sferra and Pratesi brands. Brahms Mount was established in 1983 by local Maine artisans utilizing antique shuttle looms to craft signature American textiles with all-natural cotton, linen, and wool fibers.
Mark Blanchat, a partner with Highlander, added, “The sale of this business is in line with Sferra’s overall strategy of growing its two iconic Italian luxury brands in the bedding and home category. While Brahms Mount has developed and cultivated great relationships with its loyal customer base, our focus is on our Sferra and Pratesi brands, and we believe that Brahms Mount is a much better fit for Faribault Mill given its complementary offerings and operations. We will continue to be aggressive in growing our offerings and reach under the Sferra and Pratesi brands and will continue to implement a selective “buy-and-build” investment approach in finding complementary M&A opportunities for this business in the luxury goods category.”