BRISTOL, Pa., Oct. 19, 2020 /PRNewswire/ — Lenox Corporation is admiring to advertise that it has been acquired by an associate of Centre Lane Partners, LLC (“Centre Lane”), a New York-based clandestine advance firm. The accord includes the namesake Lenox cast as able-bodied as Dansk and Reed & Barton.
“Lenox Corporation is admiring to advertise that it has been acquired by an associate of Centre Lane Partners, LLC.”
“We are captivated to accompany the Centre Lane Partners family,” said Mads Ryder, CEO of Lenox Corporation. “We accept spent the aftermost 18 to 24 months abstraction our operational belvedere for growth. We accept invested in branding and adequate our e-commerce capabilities and, with the abutment of Centre Lane, we are attractive advanced to architecture on the eyes that has fabricated Lenox so different back its founding in 1889.”
Centre Lane is a clandestine advance close that invests in the disinterestedness and debt of average bazaar companies in North America. The firm, through its assorted affiliates, additionally has investments in continued continuing customer brands such as Oneida, Anchor Hocking, and Candle-lite.
“We are actual admiring to be advance in Lenox Corporation,” said Mayank Singh, a Centre Lane Managing Director complex with the deal. “The company’s brands are alike with tabletop. Lenox leads the industry in quality, architecture and accession and we attending advanced to partnering with administration to participate in the abutting appearance of Lenox’s transformation and growth.”
About Lenox CorporationLenox is a arch artist and banker of dinnerware, flatware, glassware, kitchen, and giftware. The Company markets its articles beneath the Lenox, Dansk, and Reed & Barton brands. In accession to its amount brands, Lenox Corporation articles and distributes added brands such as Kate Spade New York, Marchesa by Lenox and Brian Gluckstein by Lenox. Lenox articles are awash through administration stores, allowance and specialty retailers, and accepted commodity chains, as able-bodied as through the Company’s own consumer-direct channel. Over its 130-year history, Lenox has been the almsman of abundant architecture awards, including the Women’s Choice Award®, and has the acumen of actuality the aboriginal American dinnerware acclimated at the White House. Lenox is headquartered in Bristol, PA. For added advice on Lenox, amuse appointment www.lenox.com.
About Centre Lane PartnersCentre Lane Partners is a clandestine advance close that invests in the disinterestedness and debt of average bazaar companies in North America. Founded in 2007, Centre Lane’s experienced, collaborative and assorted aggregation employs a adjustable action and seeks to accomplice with able administration teams that can account from patient, abiding basic and the Firm’s operational, banking and cardinal ability and support. For added advice on Centre Lane Partners, amuse visit www.centrelanepartners.com.
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SOURCE Lenox Corporation
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