Scalamandré Acquires Hinson in Donghia Bankruptcy Auction

Original article posted at Business of Home by Kaitlin Peterson.

Scalamandré has scooped up Hinson, a fabrics, wallcoverings and lighting brand founded by the late home furnishings icon Harry Hinson in 1971, in the same Chapter 7 bankruptcy auction on August 7 that saw Kravet acquire Donghia’s assets.

Court documents show that Scalamandré purchased the entirety of Hinson’s assets, including intellectual property, trademarks and designs, current and discontinued inventory, lighting, and archives, for a winning bid of $325,000. Four other companies participated in the auction, which started with a stalking-horse bid placed by Quadrille (Harry Hinson was among the company’s co-founders in 1969); North Carolina–based interior designer Traci Zeller was the auction’s runner-up.