The Robert Allen Group and Duralee Fabrics, Ltd. have merged and are now operating divisions of a new company, The Robert Allen Duralee Group (The RAD Group). By combining forces, both companies and their multiple brands can provide an expanded offering of world class products and services to the interior design community and commercial customers. The existing brand portfolio of both companies will continue to exist, and flourish, within the combined business.
Lee Silberman, long-time Duralee executive, has been named CEO of The Robert Allen Duralee Group and will lead the combined companies in this next phase of growth and development. The broader management team of the newly formed company will be comprised of senior leaders from both companies.
“We are in an industry that is constantly evolving. By leveraging the rich history and resources of these two design industry leaders, we have created the opportunity to reshape and improve the client experience in luxury home décor. The combined product lines, multiple brands and expanded product categories create one of the most extensive offerings in the market and secure our position as a full service design resource. Our goal is to provide a complete product offering for today’s design professional – and to do it with a service level that is the best in the industry,” said Silberman.
The Robert Allen Group was owned by investment firm Altamont Capital Partners (Altamont) prior to the combination, with Altamont continuing to serve as a financial partner to The Robert Allen Duralee Group on a go-forward basis.
The Robert Allen Duralee Group will be headquartered in Hauppauge, New York and will have locations worldwide.
