The Bishop is delighted to report on Bishopsgate’s latest deal, the sale of Creative Tops Limited to Nasdaq quoted, Lifetime Brands Inc, one of the largest table top and kitchenware companies in the US.
This is Bishopsgate’s second US cross-border deal this year and we wish the Creative Tops team every success in the next stage of its growth story.
Creative Tops is a highly regarded tableware and kitchen products business with operations in Corby and Hong Kong, and the acquisition will provide Lifetime with the springboard to expand into the European market. Lifetime has sales of US$500m and an extensive portfolio of brands such as KitchenAid and Farberware.
Bishopsgate project managed the transaction from start to finish and we are delighted for the Vendors, Pat Dawson and Jon Driver, and we wish them and the management team well.