Welcome to JSA Consultancy Services

A business consultancy, based in London, England, John Sacks' JSA Consultancy Services provides expert, in-depth, information advice and guidance as to how to exploit successfully the office furniture and interiors markets in Europe, North America, Australasia and Japan.

Aaron Rents sells office furniture unit for $72M

Wednesday 17 September 2008

Aaron Rents Inc., which sells and rents furniture, said Monday it will sell its Aaron\'s Corporate Furnishings division to CORT Business Services Corp. for $72 million in cash.

Aaron Rents is keeping some assets of the business including its accounts payable and accrued expenses.

Aaron Rents said its residential rent-to-rent business accounts for about 6 percent of its revenue and has not grown as fast as its sales and lease ownership division. The sale will allow the company to focus on its sales and lease ownership division, the company said.

The company does not expect to record any significant gain or loss on the sale, which is expected to close by the end of the year.

Subscribe to our News Page

Enter your email here and we will tell you when this page is updated.

 

 

moreLatest News

Tuesday 7 November 2017 Kimball reports Q1 results and unveils acquisition of D’style Inc.

(NASDAQ:KBAL) announced the following results for the quarter ended September 30, 2017: First qua

Tuesday 31 October 2017 Broadstock Office Furniture wins major university contract

Macclesfield-based Broadstock Office Furniture has won a major contract to furnish the University of

Sunday 22 October 2017 Martela Corporation: Martela's Outlook for 2017

MARTELA CORPORATION STOCK EXCHANGE RELEASE 23 OCT 2017 AT 5.00 P.M. The Martel

Sunday 22 October 2017 HNI Corporation Reports Earnings For Third Quarter Fiscal Year 2017

HNI Corporation (NYSE: HNI) today announced sales for the third quarter ended September 30, 2017 of

Contact Us

JSA Consultancy Services
4-5 Gray’s Inn Square, Gray’s Inn,
London, WC1R 5AH, England


+44 (0) 20 7688 1928