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Lifetime Brands takes stake in Mexican firm – Ekco

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“Lifetime Brands Inc., a maker of kitchenware under brand names including KitchenAid and Farberware, said Monday it agreed to take a 29.99% stake in Ekco SAB for $21.9 million.

Ekco makes and sells cookware, bakeware and related items in Mexico. Ekco plans to use proceeds from the investment to finance its acquisition of an aluminum smelter and rolling mills in Mexico.”

Posted on: June 12th, 2007
Curation from Tomás
Filed Under: 1. Hispanic News, Business
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