ARCADIA — Ashley Furniture
Industries confirmed Wednesday that it has hired Goldman Sachs to
advise the Wisconsin business on a variety of investment
alternatives and other opportunities to enhance its future growth.
Ashley Furniture CEO Todd Wanek
said the conversations are exploratory and that no decisions have
been made to pursue any changes.
“Ashley Furniture is a great
American success story and regularly attracts outside interest from
others who want to support and participate in our future success,”
Wanek said in a statement. “All future decisions will be based on
what is best for our employees and their families, our company and
the communities we serve.”
According to its website, Ashley
Furniture Industries, Inc. is the largest manufacturer of furniture
in the world. Started in 1945, has retail partners in 123 countries.