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New Deal


Announced

Portmeirion Group acquired Nambe for $12m.

Financials

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Transaction Value£9m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales0.7x
EV/EBITDA10.9x
Share Price Premium-
One Off Charge-

Tags

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household equipment

Private

United States

Acquisition

Household Equipment and Products

Synopsis

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Portmeirion Group, the manufacturer and worldwide distributor of high-quality homewares, acquired Nambe, a US based premium homewares business, for $12m. The acquisition provides the Company with additional scale in its key US market and strategically complements its existing US subsidiary while continuing to diversify the company into new homeware product categories. Portmeirion intends to leverage the Nambé product ranges through its existing US sales channels and global sales infrastructure.

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