Mity Inc., the parent company of Orem-based furniture manufacturer MityLite, has acquired Holsag Canada, a privately owned manufacturer of chairs and casegoods focused on the senior living, healthcare, education and hospitality markets. Mity said it bought the company to expand its footprint and product capability in the global commercial furniture marketplace through Holsag Canada’s strong North American healthcare presence. The transfer of ownership was effective Jan. 18 and terms were not announced.
“The acquisition of Holsag Canada fits perfectly into Mity Inc.’s strategic vision to be a multi-tiered, broad-based supplier of industry leading products across various sectors within targeted industries,” said Mity’s CEO and president, John Dudash.
Mike Gregory, president of Mity Inc.’s newly formed Healthcare Division, will oversee manufacturing and operations of Holsag Canada as well as sales into the healthcare market. Holsag sales outside of the healthcare market will be integrated into MityLite’s sales organization and significantly expand MityLite’s wood furniture product collections.
Holsag Canada CEO Bjorn Alfredsson said, “We are pleased to be part of the Mity Inc. family. MityLite possesses complimentary product lines and brings additional resources and strategic vision that will aid Holsag’s continued growth for years to come.”
Mity Inc., the parent company for MityLite, BRODA Seating and now Holsag Canada, was founded in 1987 and employs 250 people in its Utah operations.
