Thibaut acquires Italian textile and furniture brand Coraggio

Thibaut acquires Italian textile and furniture brand Coraggio

New Jersey–based fabric, wallcoverings and furniture brand Thibaut has acquired Italian textile company Coraggio in a transaction that closed on July 13. The terms of the deal were not disclosed. According to Thibaut CEO Rick Kilmer, the two brands began talks of a possible acquisition late last year. For Kilmer—who previously served as president of