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  • October 10, 2022

bassett-furniture-announces-purchase-of-noa-home/basset-furniture/” data-orig-file=”https://augustafreepress.com/wp-content/uploads/2022/09/basset-furniture.jpg” data-orig-size=”400,267″ data-comments-opened=”1″ data-image-meta=”{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"1"}” data-image-title=”basset furniture” data-image-description=”” data-image-caption=”” data-medium-file=”https://augustafreepress.com/wp-content/uploads/2022/09/basset-furniture-300×200.jpg” data-large-file=”https://augustafreepress.com/wp-content/uploads/2022/09/basset-furniture-150×100.jpg” class=”alignright size-full wp-image-289411″ alt=”basset furniture” width=”400″ height=”267″ srcset=”https://augustafreepress.com/wp-content/uploads/2022/09/basset-furniture.jpg 400w, https://augustafreepress.com/wp-content/uploads/2022/09/basset-furniture-300×200.jpg 300w, https://augustafreepress.com/wp-content/uploads/2022/09/basset-furniture-150×100.jpg 150w” data-lazy-sizes=”(max-width: 400px) 100vw, 400px” src=”https://augustafreepress.com/wp-content/uploads/2022/09/basset-furniture.jpg”/The Virginia-based Bassett Furniture Industries has acquired the capital stock of Noa Home, a mid-priced e-commerce furniture retailer headquartered in Montreal, Canada.

Noa has operations in Canada, Australia, Singapore and the United Kingdom and had net revenues of approximately $19.1 million for its most recent fiscal year.

The purchase price included cash payments of $2.0 million paid to the co-founders of Noa and approximately $5.7 million for

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