Lenox acquires Oneida | Residence Accents At this time

BRISTOL, Penn.— Lenox Company has acquired Oneida Client LLC, together with all present Oneida-branded flatware, dinnerware and cutlery, for an undisclosed sum, Lenox introduced this morning.

The 2 firms, that are each owned by the non-public fairness agency Centre Lane Companions however have been separate and impartial of one another, will now function complementary manufacturers within the Lenox Corp. portfolio, Lenox CEO Bob Burbank instructed sister publication HFN.

Noting Oneida’s energy within the mid-tier specialty channel and within the hospitality enterprise, Burbank stated the acquisition provides every model the chance to cross distribution channels the place every is a frontrunner

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