CHARLESTON, S.C. – Decorative lighting brand Quoizel has emerged as a standalone company after its former parent company, NBG Home, filed for bankruptcy earlier this year.
“Quoizel has been serving the lighting needs of consumers for nearly a century and we are excited to begin this new chapter in our proud history,” said Rick Seidman, Quoizel CEO. “We are grateful to our employees for their tireless efforts and contributions, to our customers for their loyalty, to our suppliers for their continued support and to our new owners for their confidence and optimism in the future of our company.”
Seidman said the company looks forward to continuing to deliver on its brand promise for quality and innovation in decorative lighting with a customer first attitude.
Quoizel will now be owned by a group of investors led by credit funds and accounts managed by investment management company KKR.
Founded in 1930, Quoizel originated in New York and relocated to a 52-acre site in Charleston, South Carolina in 1996 where it remains today.
Parent company NBG Home, which acquired Quoizel in 2019, filed for Chapter 11 bankruptcy protection in the Southern District of Texas court in February of this year.
