Russell & Mackenna Acquires Maine Cottage Brand
April 14, 2011,
SEVERNA PARK, Md.-Russell & Mackenna, Inc., has purchased the intellectual property and certain assets of Maine Cottage Furniture, Inc.
Included in the purchase were all registered trademarks and copyrights, including copyrights to fabric designs and case good furniture designs, as well as domain names owned by Maine Cottage Furniture, Inc. The acquisition was finalized earlier this week.
Maine Cottage Furniture, founded in 1988, is known for its cottage-style case goods, upholstered furniture and home accessories. In addition to selling to furniture stores, it also operated three retail locations.
President and CEO of Russell & Mackenna, Larry Strassner said, "At this time, we do not expect to re-open the brick-and-mortar locations formerly operated by Maine Cottage. However, we are excited to announce we will re-launch the website and will re-introduce many of the classic fabric and furniture designs currently associated with the brand."