Honey-Can-Do Acquires Urbio
February 22, 2016,
BERKELEY, Ill.-Honey-Can-Do has acquired Urbio, combining two players in the home storage and organization industry.
Terms of the transaction were not disclosed in a Honey-Can-Do statement. Urbio, which debuted on Kickstarter in 2011, provides organization products for small-space living, sold under the Urbio, Perch and Sabi brand names. These products will be sold under the Urbio by Honey-Can-Do label going forward, the statement said.
“The addition of these products will truly make Honey-Can-Do a whole-house solution,” said Steve Greenspon, Honey-Can-Do’s CEO. “The entire team at Honey-Can-Do is excited for the roll out that we feel will further the Urbio mission as well as complement the assortments of our combined retail partners.”
This is Honey-Can-Do’s second acquisition. In February 2015, the company acquired the Zevro brand of dry food dispensers and barware.