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Announced

Completed

Lifetime Brands completed the acquisition of S'well.

Synopsis

Lifetime Brands, a global designer, developer and marketer of a broad range of branded consumer products used in the home, completed the acquisition of S'well, a provider of kitchenware, tableware and other products used in the home. Financial terms were not disclosed. “We are extremely pleased to welcome the S’well brand to our portfolio. S’well originated the category of sustainable hydration products and has consistently been a design, feature and product innovator. The brand is a perfect fit for our growing and successful hydration and storage categories, where we have already made great progress growing our BUILT brand. S’well’s established e-commerce presence will expand our direct-to-consumer offering and its significant corporate partnership business will open up a new and attractive channel for Lifetime. Additionally, S’well’s recognition as a leader in sustainability helps reinforce our commitment in this important area. We expect this highly complementary addition to our portfolio to have an accretive impact on our earnings beginning in 2022,” Rob Kay, Lifetime Chief Executive Officer.

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