M&A Deal Summary

Steelite Acquires Diversified Ceramics

On July 24, 2023, Steelite acquired consumer products company Diversified Ceramics

Acquisition Highlights
  • This is Steelite’s 6th transaction in the Consumer Products sector.
  • This is Steelite’s 5th transaction in the United States.
  • This is Steelite’s 1st transaction in Texas.

M&A Deal Summary
Date 2023-07-24
Target Diversified Ceramics
Sector Consumer Products
Buyer(s) Steelite
Deal Type Add-on Acquisition

Target

Diversified Ceramics

Alvin, Texas, United States
Diversified Ceramics is a manufacturer of vitrified dinnerware for the foodservice industry Diversified. Ceramics was founded in 1976 and is based in Alvin, Texas.

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Buyer(S) 1

Buyer

Steelite

Staffordshire, United Kingdom
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 6 of 7
Sector (Consumer Products) 6 of 7
Type (Add-on Acquisition) 5 of 6
State (Texas) 1 of 1
Country (United States) 5 of 5
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-11 Delfin

Huntington Beach, California, United States

Delfin is a provider of high-quality retail and foodservice display and tabletop solutions. Delfin was founded in 1991 and is based in Huntington Beach, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-27 Utopia

Chesterfield, United Kingdom

Utopia offers an extensive range of tableware, glassware, and accessories designed for the hospitality and branded glass market, with a significant emphasis on new product development, innovative presentation solutions, and an array of classic essentials. Utopia was formed in 2000 and is based in Chesterfield, United Kingdom.

Buy -
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