Lifetime Brands Acquires Fitz and Floyd
Founded in 1960, Fitz and Floyd designs, sources, markets and distributes Fitz and Floyd® and other branded tabletop products and decorative ceramic collections.
Lifetime Brands, Inc. recently announced it has acquired the business and assets of Fitz and Floyd. Founded in 1960, Fitz and Floyd designs, sources, markets and distributes Fitz and Floyd® and other branded tabletop products and decorative ceramic collections through an array of distribution channels, such as big box retailers, department stores, specialty kitchen and gift shops, and e-commerce websites.
“Fitz and Floyd products, including handcrafted, decoratively designed figurines and centerpieces and elegant dinnerware and serveware, are recognized for their high quality and unique style,” said Jeffrey Siegel, Lifetime’s chairman and CEO. “The Fitz and Floyd brand fits perfectly into Lifetime’s platform, and we have the resources quickly to enhance its performance. Moreover, since Fitz and Floyd-branded products are in categories in which Lifetime already is well-established, we expect the acquisition to be accretive in 2017.”
Steven R. Baram, Fitz and Floyd’s president and CEO, will join Lifetime’s Tabletop Division as president of the Fitz and Floyd Division. Terms of the acquisition were not announced.
For more information, visit www.lifetimebrands.com or www.fitzandfloyd.com.