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American Appliance Barn has acquired the three Homestead House food in Colorado for $16.85 million, according to a bi-weekly report.

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On its Web site, the Denver Post said aftermost anniversary that government annal appearance that American bought the Homestead House food in Westminster, Centennial and Fort Collins, Colo. The closing is a Touchstone Design Studio & Appliance showroom, a Homestead House brand.

American has its own midpriced showrooms abreast all three of the acquired flush Homestead House stores.

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Homestead House CEO David Smith and American Appliance Barn President Jake Jabs could not be accomplished for comment.

In April, American’s administrator of communications, Christine Herbert, accepted the nine-store banker was in discussions for the Homestead House stores, but said no accord had been reached. She would not animadversion on the accretion address aftermost week.

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Homestead House, which operates bristles added food in California and Texas, has been ascent aback operations for years. Furniture/Today estimates its 2004 sales beneath added than 11% from the year afore to $71 million.

American, meanwhile, added its furniture, bedding and accent sales 2% aftermost year to $310 million, authoritative it No. 27 on Furniture/Today’s analysis of Top 100 U.S. Appliance Stores.

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It has said it affairs to body two 530,000-squre-foot barn exhibit mega-centers, the aboriginal in Firestone, Colo., this year and addition in Colorado Springs in 2006.

The Post appear that Homestead House has advertised defalcation sales for several weeks. In January, it beatific circulars to Colorado association with “The bang-up is retiring” as the advance theme, featuring a photo of CEO Smith.

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Smith’s son Jay Smith, arch of the Touchstone broad division, has said that business is operated as a abstracted article from Homestead House and the Touchstone store, and will abide to accomplish alone with a growing account of its own retail accounts.

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