CHESAPEAKE, VA — Dave’s Cabinet, a leading cabinet manufacturer in the Mid-Atlantic region, has announced that the ownership interest of company founder David Alderman CMKBD, has been purchased by John K. Morgan, CEO of Green Forest Cabinetry.
Terms of the transaction were not disclosed.
Dave’s Cabinet, founded in 1980, occupies three manufacturing buildings on approximately 40 acres of land in Chesapeake, VA. The business consists of a fully equipped end-to-end cabinet manufacturing/finishing facility, a retail division, plus a modern granite/quartz fabrication unit.
“I am incredibly proud of the 40+ years of Dave’s Cabinet’s success, especially the commitment and work to better our local community,” said Morgan, who, along with Alderman, is a past president of the National Kitchen and Bath Association (NKBA).
“I could not be more pleased to have the opportunity to lead his legacy to the next level of tomorrow’s micro-manufacturing world,” Morgan added.
Under the terms of the agreement, Julie Boone will retain her existing ownership interest in Dave’s Cabinet, said the company, which also announced a continuation of an annual $5,000 grant/scholarship to both the Great Bridge Baptist Church, a local parish, and the student program at the NKBA nationally.