M&A Deal Summary

Crown Brands Acquires Oneida - Foodservice Business

On January 28, 2019, Crown Brands acquired consumer products company Oneida - Foodservice Business from Oneida

Acquisition Highlights
  • This is Crown Brands’ 2nd transaction in the Consumer Products sector.
  • This is Crown Brands’ 2nd transaction in the United States.
  • This is Crown Brands’ 1st transaction in New York.

M&A Deal Summary

Date 2019-01-28
Target Oneida - Foodservice Business
Sector Consumer Products
Buyer(s) Crown Brands
Sellers(s) Oneida
Deal Type Divestiture

Target

Oneida - Foodservice Business

Oneida, New York, United States
Oneida Ltd. - Foodservice Business is a marketer of flatware, dinnerware and barware products.

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Buyer(S) 1

Buyer

Crown Brands

Lincolnshire, Illinois, United States

Category Company
Founded 2014
Sector Consumer Products
DESCRIPTION

Crown Brands LLC is involved in distributing commercial grade smallware, bakeware, cookware, storage and transportation products.


DEAL STATS #
Overall 2 of 2
Sector: Consumer Products M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-09 Co-Rect Products

Golden Valley, Minnesota, United States

Co-Rect Products, Inc. is a manufacturer of bar supplies like bottle openers, liquor pourers, condiment holders, napkin holders, etc.

Buy -

Seller(S) 1

SELLER

Oneida

Oneida, New York, United States

Category Company
Founded 1880
Sector Consumer Products
Employees905
DESCRIPTION

Oneida Ltd. designs, sources, markets and distributes flatware and dinnerware in the consumer and foodservice industries throughout the world. The Company’s markets include North America, Latin America,Europe, Middle East, Africa and Asia. Oneida’s full product line includes stainless and silverplated flatware as well as dinnerware, bakeware, crystal, serveware, buffetware,cookware, cutlery and kitchen utensils.


DEAL STATS #
Overall 1 of 1
Sector: Consumer Products M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-05-31 Delco International

New York, New York, United States

Delco International Ltd. is a marketer of tableware products for the foodservice industry.

Buy $76M