Marion Van Keken-Rietkerk advises Baby Lock® Canada in sale to Tacony
After nearly 70 years in business, Mason Sewing Machine Company Ltd. dba as Baby Lock® Canada was looking for someone to help them sell their business. Baby Lock® trusted the services of Marion Van Keken Rietkerk, CBI MBA of NAI Commercial, to provide the full-service commercial real estate brokerage they needed for such a daunting transaction. They were looking for help to find out what their company was worth, and what aspects buyers would be looking for when purchasing a business.
Founded in 1948 Mason Sewing Machine Company Ltd. has been the Canadian distributor of Baby Lock® sewing machines, embroidery, quilting and serging machines. Known as Baby Lock® Canada, the company has a vast distribution network across Canada and is recognized by its dealers for its quality and service.
After a thorough and proactive marketing process the successful purchaser was Tacony Corporation from St. Louis, Missouri. Tacony already represents Baby Lock® in the USA and also distributes a number of other products, such as vacuum cleaners, ceiling fans and commercial floor care equipment under other brand names worldwide.
The synergies that Tacony brings to the table will undoubtedly make Baby Lock® Canada even more successful.
The transaction was managed by Marion Van Keken-Rietkerk with support from Alf Sanderson.
Contact Marion Van Keken-Rietkerk today if you are looking for help with selling your business.