Lifetime Brands Inc. (Nasdaq: LCUT) has acquired assets of La Cafetiere from the Greenfield Group Ltd.
La Cafetiere designs and distributes products to brew and serve coffee or tea, including French presses, under the La Cafetiere and Randwyck brands. Terms of the deal were not disclosed.
The deal adds the exclusive distribution rights of the La Cafetiere and Randwyck brands to Lifetime, strengthening the company's presence in Europe.
Lifetime, headquartered in Garden City, N.Y., provides kitchenware, tablewear and other home products under the KitchenAid, Kitchen Craft, Mikasa, Tuttle and many other brands. The company bought Thomas Plant (Birmingham) Ltd., which supplies kitchenware products under the Kitchen Craft brand in January.