Portmeirion Group acquired Nambe for $12m.

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.