The Joyce Chen, Origins and Keilen brands of cookware have been acquired by Honey-Can-Do from Columbian Home Products. The lines complement the Honey-Can-Do brand portfolio, which includes those under the Kitchen Supply Company, Zevro, Old Stone Oven and Honey-Can-Do brands.
Twin Star Home has acquired TK Classics, a designer and manufacturer of outdoor furniture including upholstered seating, dining tables, bars and accessories.
Bush Industries has new ownership, as Novacap, a Canadian private equity firm, has acquired the ready-to-assemble furniture maker through its portfolio company Bestar, a ready-to-assemble furniture manufacturer with plants in Lac-Mégantic and Sherbrooke, Quebec.
R2 Venture Solutions Inc. and Townecraft Homewares have acquired the Kitchen Fair brand from Regal Ware. The brand has been in the company’s portfolio since 1984.
Advance Auto Parts has acquired the DieHard brand from Transform Holdco LLC, the company that now operates Sears and Kmart, for $200 million in cash.
Helen of Troy has entered into a definitive agreement to acquire Drybar Products, which includes the Drybar trademark and other intellectual property assets associated with Drybar’s products, as well as certain related production assets and working capital.
Mepra, an Italian flatware and food service manufacturer, has acquired Punto Soave, an Italian manufacturer of custom tableware goods. Together, the brands will offer custom solutions to the hospitality market, the companies said. The merged businesses will keep operating under separate names, but the two brands will go to market together.
Hudson’s Bay Company has completed the sale of Lord + Taylor to Le Tote, a leading fashion rental subscription service, for $75 million in cash and a secured promissory note for $25 million payable in cash after two years, subject to customary adjustments.
International Market Centers is buying the 50,542-square-foot showroom building located at 121 North Hamilton Street in downtown High Point.
Hudson Group has signed an agreement to acquire assets related to the operation of Brookstone stores in U.S. airports from Apex Digital. Hudson has also obtained the right to be the exclusive airport retailer to operate Brookstone stores through a license agreement with Bluestar Alliance, owner of the Brookstone brand and trademarks.
High-end kitchen electrics and appliance supplier Smeg has acquired La Pavoni, an Italian-based company known for the production of upscale domestic and commercial espresso machines.
Ace Hardware has completed the acquisition of Handyman Matters, a franchisor of home repair, maintenance, and improvement services based in Denver. Handyman Matters will become Ace Handyman Services and operate as a new stand-alone, subsidiary of Ace Hardware Corp.
Liberty Tax has struck a deal with Sears Hometown & Outlet Stores to acquire the Outlet part of that company’s business as well as, in an affiliated transaction, a group of franchised Buddy’s Home Furnishings stores in an all-cash transaction valued at up to $132.9 million.