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Creative Tops sold to Lifetime Brands Inc

Creative Tops Sold To Lifetime Brands Inc

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Lifetime Brands Inc

Localização

USA flag

Setor

Consumidor

Tipo de negócio

Venda

Valor

£ 15m

Uma empresa Corby Tableware foi vendida para marcas vitalícias baseadas nos EUA. A venda de tops criativos, recomendados pela Bishopsgate Corporate Finance, aumentará seus planos de expansão para novos mercados, disse a vida útil. Marcas. A empresa assim que o acordo concluir e a empresa será executada autonomamente no Reino Unido. Nenhuma alteração será feita na maneira como opera no dia-a-dia, disse a vida inteira. Parceiro

The company specialises in supplying kitchenware and table top appliances from its Northamptonshire base and Hong Kong-located subsidiary.

Lifetime Brands’ portfolio includes KitchenAid and Farberware brands.

The acquisition, which also includes Creative Tops’ Hong Kong branch CTFE, will “significantly broaden” the Creative Tops product range and introduce its ranges to new retailers across North and Central America.

Creative Tops supplies brands like V&A, Katie Alice and The Royal Botanic Gardens.

Creative Tops’ UK senior management team will remain with the company once the deal completes, and the company will be run autonomously in the UK. No changes will be made to the way it operates on a day-to-day basis, said Lifetime.

Bishopsgate Advisors

James McBain Allan

James McBain Allan

Partner
Morgan Atherton

Morgan Atherton

Gerenciamento de parceiro

Patricia Dawson – Managing Director, Creative Tops

Lifetime Brands already operates a number of world-renowned brands and many famous household names.

This acquisition will enable the company to offer our customers a far more extensive product range outside of our current offering and will also help strengthen our existing brand portfolio.

James McBain Allan – Partner, Bishopsgate Corporate Finance

We believe the Creative Tops acquisition will provide a major platform for Lifetime Brands’ expansion into European markets.

Creative Tops has been a real success story in the UK tableware market and we wish the management team every success in the next phase of its exciting growth story.

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