StageAcq - Fin | Alive
About Scott Group Custom Carpets
Scott Group designs and manufactures hand-made and machine-made custom wool (and silk/cashmere blends) carpets and rugs for a variety of high-end, luxury applications. The company is a supplier to the business aviation, high-end residential and commercial (including luxury retail), and yacht markets both in the US and abroad. Scott Group produces 100% American made carpets at its headquarters in Grand Rapids, MI and has a network of showrooms throughout the US.
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Latest Scott Group Custom Carpets News
Oct 1, 2015
GRAND RAPIDS, MI, October 01, 2015 /satPRnews.com/ — In a move designed to better showcase its growing portfolio of brands, Scott Group Custom Carpets has established a new parent company, Scott Group Studio. The new branding will finalize the integration of two brands after Scott Group acquired Hokanson last September, solidifying the company’s position as one of the top producers of custom luxury carpets in the world. The new parent company will enable the company to position itself as a leader in the curation of the world’s finest luxury brands. Bringing together superb quality and other attributes from each of the product lines, Scott Group Studio will weave Scott Group’s excellent customer service and Hokanson’s global view into one cohesive luxury experience. “This is a very exciting time for us at Scott Group Studio,” President Mike Ruggeri said. “The acquisition of Hokanson was our first step in creating a collection of the world’s most prestigious and sought-after luxury carpet lines. The announcement of our new parent brand is our next step in becoming the foremost recognized portfolio of bespoke carpets.” Scott Group Studio has begun the process to integrate showrooms for both brands in order to showcase products from Scott Group Custom Carpets and Hokanson under one roof. The company currently has showrooms in Boston, Chicago, Dallas, Grand Rapids, Houston, Los Angeles, New York and Scottsdale, Ariz., along with representation in London, Las Vegas and Seattle. In the past year, Scott Group has brought on more than 40 new employees in an effort to prepare for the integration and launch of Scott Group Studio. Its dedicated sales team of 15 has undergone detailed training to understand both Scott Group and Hokanson brand attributes so they may offer solid counsel as clients choose the right carpet for each aviation, yacht, residential or commercial project. Each of the lines will maintain its current design identity and will continue to focus on its core production methods. Scott Group Custom Carpets will continue to produce hand-tufted carpets and rugs at its 180,000 square foot mill and design studio in Grand Rapids and remains the largest manufacturer of American-made custom rugs and carpets. Hokanson will remain focused on offering clients a combination of hand-knotted, Tibetan and other traditional rug weaving techniques using thoroughly vetted and trusted artisan partners across the globe. “The new parent brand of Scott Group Studio gives us the opportunity to combine two strong and well respected lines into a powerful collection of luxury carpets,” Vice President Rich Ruggeri said. “Both Hokanson and Scott Group have time-tested, long standing traditions of producing the highest-quality carpets with extreme attention to detail and innovative design. We look forward to continuing to build and grow upon this dedication to excellence.” Founded in 1969 in Cleveland, Ohio, Scott Group moved to Grand Rapids in 1982, establishing one of the only domestic design and production facilities for custom carpets in the country. Scott Group has built its reputation around classic and timeless designs that use the worlds finest natural fibers – such as Merino wool, cashmere and Mulberry silk – as well as its Midwestern work ethic. Scott Group carpets can be found in the finest private aircraft, luxury retail stores, corporate offices, yachts and residences in the world – including the State Dining Room and Oval Office in the White House. Sustainability is important to Scott Group, which has invested significantly in materials and production processes to enable its customers to secure LEED certification. Customers can receive LEED credits based on renewability of resources used by Scott Group, impact of reduced transportation and improved indoor air quality through low-emitting products. Founded in 1987 by Larry Hokanson, the name Hokanson has become synonymous with traditional carpet design. Using exotic yarns to produce sophisticated patterns in unexpected combinations of textures and fibers, Hokanson creates designs for the residential market that reinterpret the lessons of decorative history. Some of the most significant rug and carpet projects in the United States, Europe, the Middle East, Australia and Asia have Hokanson rugs complementing the decor. Leading projects include the restoration of the Russia n Royal Palaces in St. Petersburg, the office of Canada ‘s Speaker of the House and the Burj Khalifa – the world’s tallest building – in Dubai. “We feel a tremendous amount of responsibility to continue to provide the high-quality service and products both the Hokanson and Scott Group customer has come to expect,” Hokanson founder Larry Hokanson said. “We look forward to continuing to be at the forefront on many of today’s leading design projects.” Marketing materials and a new website will be released over the next few months as the showroom integrations progress. Scott Group Studio expects its Los Angeles showroom to be the first finished integration with a November completion date. From there, the company plans on integrating all of its showrooms within the next year. “We developed the integration of these two prestigious brands in a very thoughtful and deliberate way,” Mike Ruggeri said. “Our team has worked tirelessly to ensure our world-class client base will have an uninterrupted experience as we begin the next step in the journey of luxury design.” About Scott Group Studio Scott Group Studio is a curation of the world’s most luxurious custom carpet brands, featuring Scott Group Custom Carpets and Hokanson. With representation in markets throughout the United States and Europe, Scott Group Studio blends Midwestern hospitality and a global perspective into one cohesive luxury experience. Using the world’s finest natural fibers, Scott Group Studio combines creativity and meticulous craftsmanship in the design and production of custom carpets for the private aviation, yacht, residential and commercial markets. For more information, visit http://www.scottgroup.com.
Scott Group Custom Carpets Frequently Asked Questions (FAQ)
Where is Scott Group Custom Carpets's headquarters?
Scott Group Custom Carpets's headquarters is located at 3232 Kraft Avenue SE, Grand Rapids.
What is Scott Group Custom Carpets's latest funding round?
Scott Group Custom Carpets's latest funding round is Acq - Fin.
Who are the investors of Scott Group Custom Carpets?
Investors of Scott Group Custom Carpets include Keystone Capital.
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