Xylem Group LLC acquired two Zoli luxury brands: Loft & Bath and Coret. This acquisition expands the company’s product offering into the luxury market segment and extends its manufacturing and sourcing reach to the European marketplace.
Farshad Tafazzoli, founder and president of Zoli, will join Xylem Group,
working with Hal Weinstein, Xylem president, on the integration of the Loft
& Bath and Coret brands into Xylem Group’s product lineup. Tafazzoli also
will assist Xylem dealers with the transition in terms of broadening the scope
of sales and marketing to encompass luxury product. The Loft & Bath series
includes bath furniture, bath accessories, fixtures and lighting from materials
including wood, glass, leather, concrete, stainless steel and ceramics. Coret
is an exclusive brand of fixtures manufactured from an amalgam of resin and
stone that is hygienic, burn resistant, and stain resistant.
Expansions and Acquisitions…Xylem Group LLC
November 1, 2009