Ashley Furniture consulting with Goldman Sachs on company’s future

Freeman Staff

June 3, 2015

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.