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USA-based seating manufacturer Hussey Seating Company has announced the acquisition of select assets from Victorian-based Camatic Seating which entered administration in April.

Based in the US state of Maine, the acquisition by the seventh-generation family-owned business will be limited to Camatic’s intellectual property, trademarks, designs and tooling on select seat products and does not include Camatic Seating as a whole or any of Camatic’s liabilities.

In a press statement, Hussey advise that “the deal fills a key gap in Hussey’s product line, allowing the company to make rail mounted exterior beam seating, considered to be the de facto standard in new outdoor stadiums.

“Additionally, it expands the variety of chair options for other markets, including arenas, auditoriums, universities, and places of worship.”

The statement notes that “Camatic’s recent and sudden financial problems are not linked in any manner to the quality and worldwide acceptance of the product lines that are being acquired by Hussey.”

Founded in 1835, Hussey Seating Company has maintained continuous operations in Southern Maine for 189 years, establishing itself as the global market leader in spectator seating with an exclusive dealer network and direct team covering all 50 states. Over the last several years, the company has been making strategic capital investments in high tech manufacturing equipment as it expanded its manufacturing footprint in Southern Maine and solidified its global supply chain.

Commenting on the acquisition, Brian Deveaux, Chief Executive and President of Hussey Seating, stated “acquiring select assets from Camatic is a key part of our strategic growth plan as we come off the best year in our company’s history.

“Over the past few years, we have strategically invested in expanding our production capabilities, both domestically and internationally. When we started our negotiations with Camatic, we knew integrating their renowned designs into our portfolio would significantly broaden our seating offerings, allowing us to better serve our customers and continue our commitment to excellence and customer satisfaction.”

Camatic Seating previously was a dominant player in outdoor NFL and MLS stadium seating, completing high profile projects like the Seattle Seahawks’ Lumen Field, Dallas’ AT&T Stadium, Chicago’s Soldier Field, LA’s SoFi Stadium, Wimbledon’s All England Club, Melbourne Cricket Ground, and Las Vegas’ Allegiant Stadium. Buying Camatic’s line of seating represents a strategic opportunity for Hussey Seating to enhance its competitive position and offer a comprehensive range of seating solutions.

Deveaux added “Hussey Seating will begin transitioning Camatic Seating assets into its manufacturing operations expeditiously.

“While we do not have a definitive timeline for completing this transition, we will provide regular updates through future communications. We intend to maintain the high level of quality that Camatic has come to be known for, while adding the power of Hussey’s global infrastructure.”

The transaction is targeted to close by the end of June.

For more information about Hussey Seating Company go to www.husseyseating.com.

Images: Hussey Seating installation at the American Airlines Center in Dallas, Texas, USA (top) and Camatic's Axiom seat (below).

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