Divestiture • Consumer Products

New ThermoServ Acquires Dinnerware - Prolon Brand

On September 1, 2017, New ThermoServ acquired consumer products company Dinnerware - Prolon Brand from Dinnerware

Acquisition Context
  • This is New ThermoServ’s 1st transaction in the Consumer Products sector.
  • This is New ThermoServ’s 1st transaction in the United States.
  • This is New ThermoServ’s 1st transaction in Mississippi.

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M&A Deal Summary

Date September 1, 2017
Target Dinnerware - Prolon Brand
Sector Consumer Products
Buyer(s) New ThermoServ
Sellers(s) Dinnerware
Deal Type Divestiture

Target Company

Dinnerware - Prolon Brand

Port Gibson, Mississippi, United States
Dinnerware, Inc. - Prolon Brand is a domestic manufacturer, operating their full molding and decorating operations. Prolon's expertise covers a vast offering of commercial grade, highest-quality melamine dinnerware and tabletop accessories.
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Buyer Overview 1

Buyer

New ThermoServ

Dallas, Texas, United States

Category Company
Founded 1966
Sector Consumer Products
DESCRIPTION

New ThermoServ Ltd. is a provider of innovative drinkware and tableware products that are made in America and designed to fit everyday life. New ThermoServ is an integrated partner for businesses in the retail, food service, specialty advertising and healthcare markets, and we always keep the end customer's satisfaction a priority. New ThermoServ was founded in 1966 and is based in Dallas, Texas.


Deal Context for Buyer #
Overall 1 of 1
Sector: Consumer Products 1 of 1
Type: Divestiture 1 of 1
State: Mississippi 1 of 1
Country: United States 1 of 1
Year: 2017 1 of 1

Seller Profile 1

SELLER

Dinnerware

Port Gibson, Mississippi, United States

Category Company
Founded 1959
Sector Food
DESCRIPTION

Dinnerware, Inc. is a provider of commercial food service to restaurant supply, hospitality, military and institutional businesses. Dinnerware was founded in 1959 and is based in Port Gibson, Mississippi.


Deal Context for Seller #
Overall 1 of 1
Sector: Consumer Products 1 of 1
Type: Divestiture 1 of 1
State: Mississippi 1 of 1
Country: United States 1 of 1
Year: 2017 1 of 1