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M&A Deal Summary

Steelite Acquires Utopia

On June 27, 2024, Steelite acquired consumer products company Utopia

Acquisition Highlights
  • This is Steelite’s 7th transaction in the Consumer Products sector.
  • This is Steelite’s 2nd transaction in the United Kingdom.

M&A Deal Summary
Date 2024-06-27
Target Utopia
Sector Consumer Products
Buyer(s) Steelite
Deal Type Add-on Acquisition

Target

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.

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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 7 of 7
Sector: Consumer Products M&A 7 of 7
Type: Add-on Acquisition M&A Deals 6 of 6
Country: United Kingdom M&A 2 of 2
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-24 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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