Divestiture • Retail

Food52 Acquires Dansk Designs

On May 3, 2021, Food52 acquired retailer Dansk Designs from Lenox

Acquisition Context
  • This is Food52’s 1st transaction in the Retail sector.
  • This is Food52’s 1st transaction in the United States.
  • This is Food52’s 1st transaction in Pennsylvania.

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M&A Deal Summary

Date May 3, 2021
Target Dansk Designs
Sector Retail
Buyer(s) Food52
Sellers(s) Lenox
Deal Type Divestiture

Target Company

Dansk Designs

Bristol, Pennsylvania, United States
Dansk Designs is an American distributor and retailer of cookware, tableware, and other home accessories based in Bristol, Pennsylvania.
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Buyer Overview 1

Buyer

Food52

New York, New York, United States

Category Company
Founded 2009
Sector Consumer Products
DESCRIPTION

Food52 is an online culinary and home lifestyle platform that offers a combination of cooking content, including recipes, articles, and community discussions and an ecommerce shop featuring kitchen tools, cookware, and home goods for home cooks and food enthusiasts. Food52 was founded in 2009 and is based in New York, New York.


Deal Context for Buyer #
Overall 1 of 2
Sector: Retail 1 of 1
Type: Divestiture 1 of 1
State: Pennsylvania 1 of 1
Country: United States 1 of 2
Year: 2021 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-14 Schoolhouse

Portland, Oregon, United States

Schoolhouse is a lighting and lifestyle goods company dedicated to the preservation of American manufacturing, thoughtful living, and purposeful design. From iconic lighting to one-of-a-kind homewares, many of Schoolhouse's products are designed, manufactured, and shipped within the walls of its century-old brick factory in the heart of Portland, Oregon.

Buy $48M

Seller Profile 1

SELLER

Lenox

Bristol, Pennsylvania, United States

Category Company
Founded 1889
Sector Retail
DESCRIPTION

Lenox is a provider of high-quality tabletop, giftware, and collectible products sold under the Lenox brand as well as the Dansk, Gorham, and Department 56 brand names. Lenox was founded in 1889 and is based in Bristol, Pennsylvania.


Deal Context for Seller #
Overall 1 of 1
Sector: Retail 1 of 1
Type: Divestiture 1 of 1
State: Pennsylvania 1 of 1
Country: United States 1 of 1
Year: 2021 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-04 Hampton Forge

Eatontown, New Jersey, United States

Hampton Forge Ltd. is a designer, wholesaler and distributor of branded flatware and cutlery. Hampton Forge was founded in 1990 and is based in Eatontown, New Jeresey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-03 Oneida

Columbus, Ohio, Uzbekistan

Oneida is an eCommerce retailer that provides branded tabletop products including flatware, dinnerware, and cutlery. Oneida was founded in 1848 and is based in Columbus, Ohio.

Buy -