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Bed Bath & Beyond buys Linen Holdings in all cash-transaction

Union, N.J. -- Bed Bath & Beyond Inc. bought textile distributor Linen Holdings LLC in an all-cash transaction for approximately $105 million to boost its sourcing capabilities and gain access to new customers.

Based in Gibbsboro, N.J., Linen Holdings is a privately held distributor of bath, bed and table linens and other textile products to customers in the hospitality, cruise line, food service, health care and other industries.

Most recently, Bed Bath & Beyond’s agreed to buy Cost Plus Inc. for about $495 million, also aimed at boosting its sourcing capabilities and customer base.

© 2014