Print
More News

MarKraft Acquires Apex Cabinet Company

By Staff Reports, posted Apr 28, 2017
Wilmington-based MarKraft Cabinets has bought Apex Cabinet Company, officials announced this week.

With the acquisition MarKraft expands its footprint to the Triangle area, where Apex Cabinet is located. Though MarKraft now owns and operates it, Apex Cabinet kept its name and staff under the deal, which closed March 31, according to a news release.
 
“Our last acquisition was in 2015,” MarKraft President Cee Edwards said in the release. “We take a careful, methodical approach to our growth, ensuring that any company we acquire meets our high service standards, and that its core values are consistent with our own. After months of due diligence, we felt confident that Apex Cabinet Company was an ideal fit for our brand.”
 
MarKraft, which has 80 employees, supplies cabinetry, countertop and design elements for kitchens and baths and was founded in 1985. It opened a 15,000-square-foot office, warehouse and design center in Nashville in 2014 and the next year it acquired Kitchen & Bath Design Studio and opened a 13,500-square-foot headquarters and design center on Castle Creek Lane in Wilmington.
 
Apex Cabinet, a family-owned business, started in 1952.
Ico insights

INSIGHTS

SPONSORS' CONTENT
Img 1576c1

What’s Next for Equity Investors?

Eddie Nowell - South Atlantic Capital Management Group
Jasonpathfinder3

Life Expectancy on the Rise — are You Prepared?

Jason Wheeler - Pathfinder Wealth Consulting
Leath 683x10242

Recruiting – How to Avoid Doing Something Illegal

Lisa Leath - Leath HR Group

Trending News

Boutique Hotel Opening Downtown

Johanna Cano - Sep 13, 2019

In The Current Issue

Low Industrial Space Has Impact

The Wilmington area might be losing out on some employers because of its lack of certain kinds of industrial space....


Boating Trends: Bigger Boats, Fewer Spaces

One of the latest trends in local boating is more boaters are choosing bigger boats, but they continue to have a hard time finding a place t...


What Lessons Did Florence Teach Us?

In the year since Hurricane Florence slammed into the Wilmington area, local governments and utilities have reviewed trouble spots and laid...

Book On Business

The 2019 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

August 26, 2019 Power Breakfast: A Healthy Sale?
WILMA's Leadership Accelerator
2019 WilmingtonBiz Expo Keynote Lunch - CEO, nCino, Pierre Naude`