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
Untitleddesign2 9202334730

Investing in the Health of Our Communities, for Today and the Future

Novant Health - New Hanover Regional Medical Center Novant Health
Jessiepowellheadshot webversion

5 Reasons to Build Custom Franchise Software

Jessie Powell - Wide Open Tech
Screenshot2022 01 06at338 162234623

Food is the Foundation for Prosperous Communities

Girard Newkirk - Genesis Block

Trending News

Passenger Rail Study Picks Eastern Route

Emma Dill - May 3, 2024

Entrepreneur Brings Young Tech Startup From Triangle To Wilmington

Audrey Elsberry - May 3, 2024

Biden To Announce National $3B Lead Pipe Replacement Project In Wilmington Visit

Audrey Elsberry - May 2, 2024

The Husk, YoSake Sell In Downtown Wilmington

Jessica Maurer - May 3, 2024

UPDATE: Biden Shares Details On National Lead Pipe Funding At Wilmington Talk

Audrey Elsberry - May 2, 2024

In The Current Issue

Meet The 2024 CEA Winners

Meet the category winners for this year's Coastal Entrepreneur Awards. CEA’s goal is to shine a spotlight on up-and-coming companies, helpin...


Providing Makerspaces, Craft Places

Whether community members want to paint a mug or build an invention, local entrepreneurs have created spaces where people can access the nee...


Novant Health Adds new AFib Treatment

Novant Health Heart & Vascular Institute has incorporated a recent FDA-approved treatment for AFib, or atrial fibrillation, as an option for...

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2024 Power Breakfast: The Next Season