EveryWare Global, Inc., a leader in the consumer tabletop and foodservice markets, and ROI Acquisition Corp., a special purpose acquisition company, have announced the execution of a merger agreement for their business combination transaction. The transaction, when consummated, will provide the post-merger company with access to the public markets to support the company’s next stage of strategic growth initiatives, including international expansion, product line extensions and strategic acquisitions. 

EveryWare, owned primarily by funds managed by Monomoy Capital Management, LLC, is one of the world’s largest designers, manufacturers and marketers of tabletop and food preparation products for the consumer and foodservice markets. EveryWare was formed through the merger of Anchor Hocking and Oneida in March of 2012. ROI, a special purpose acquisition company sponsored by affiliates of Clinton Group, Inc., holds approximately $75 million of cash in its trust account. 

Following the merger, ROI will be renamed EveryWare Global, Inc. and will apply to continue the listing of its common stock on the Nasdaq Stock Market following the merger under the ticker symbol “EVRY." Post-transaction, the EveryWare management team is expected to remain with the company under the continued leadership of CEO and president, John Sheppard. Sheppard stated, “The merger will provide EveryWare with access to the public markets to achieve our strategic goals and better position the company to increase market share and drive international growth.”