M&A Deal Summary

Steelite Acquires Hollowick

On January 6, 2022, Steelite acquired consumer products company Hollowick

Acquisition Highlights
  • This is Steelite’s 3rd transaction in the Consumer Products sector.
  • This is Steelite’s 2nd transaction in the United States.
  • This is Steelite’s 1st transaction in New York.

M&A Deal Summary
Date 2022-01-06
Target Hollowick
Sector Consumer Products
Buyer(s) Steelite
Deal Type Add-on Acquisition

Target

Hollowick

Manlius, New York, United States
website
Hollowick provides tabletop lighting and food warming solutions. Hollowick high-performance lighting and heating products are designed specifically for demanding foodservice use. Hollowick was founded in 1971 and is based in Manlius, New York.

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Buyer(S) 1

Buyer

Steelite

Staffordshire, United Kingdom

website

Category Company
Founded 1983
Sector Consumer Products
DESCRIPTION

Steelite is a manufacturer, designer, distributor, and supplier of award-winning tabletop and buffet products for the hospitality and foodservice industries. Steelite was founded in 1983 and is based in Staffordshire, United Kingdom.

DEAL STATS #
Overall 3 of 6
Sector (Consumer Products) 3 of 6
Type (Add-on Acquisition) 3 of 5
State (New York) 1 of 2
Country (United States) 2 of 5
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-26 The Fiesta Tableware

Newell, West Virginia, United States

The Fiesta Tableware Co. is the maker of the iconic Fiesta® line, the popular and colorful retail dinnerware that has been one of the most celebrated American retail brands since 1936. Handcrafted in the U.S. by potters who pass their skill down through the generations, Fiesta is a proud tradition rooted in America’s heartland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-03 Walco Stainless

Utica, New York, United States

Walco Stainless is a provider of high-end flatware, steak knives, holloware, and buffet products to the U.S. hospitality market. Walco Stainless was founded in 1910 and is based in Utica, New York.

Buy -
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