M&A Deal Summary

Corelle Brands Acquires Snapware

On December 2, 2010, Corelle Brands acquired consumer products company Snapware

Acquisition Highlights
  • This is Corelle Brands’ 1st transaction in the Consumer Products sector.
  • This is Corelle Brands’ 1st transaction in the United States.
  • This is Corelle Brands’ 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2010-12-02
Target Snapware
Sector Consumer Products
Buyer(s) Corelle Brands
Deal Type Add-on Acquisition
Advisor(s) Baird (Financial)

Target

Snapware

Greencastle, Pennsylvania, United States
Snapware Corp. is a provider of storage and organization solutions for the home and kitchen (dry and wet foods, crafts, seasonal storage, industrial, pet, garage, closet, and more).

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Buyer(S) 1

Buyer

Corelle Brands

Rosemont, Illinois, United States

Category Company
Founded 1991
Sector Consumer Products
DESCRIPTION

Corelle Brands LLC is a manufacturer and marketer of bakeware, dinnerware, kitchen and household tools, rangetop cookware and cutlery products. Corelle Brands LLC and its affiliates manufacture and market products worldwide through a portfolio of well-recognized and respected brands, including under the Pyrex®, Corelle®, Corningware®, Snapware®, Chicago Cutlery®, Revere®, Visions®, Ekco® and Baker's Secret® trademarks. Corelle Brands LLC and its affiliates employ approximately 3,000 people, and have major manufacturing and distribution operations in North America and Asia-Pacific regions. Corelle Brands LLC was incorporated in 1991 and is based in Rosemont, Illinois.


DEAL STATS #
Overall 1 of 1
Sector: Consumer Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2010 M&A 1 of 1