Sequential Brands

Kitchenware
Sequential To Sell Martha Stewart, Emeril Lagasse Brands To Marquee

In what it describes as a financially motivated transaction, Sequential Brands Group has signed a definitive agreement to sell the rights to the Martha Stewart and Emeril Lagasse brands and related intellectual property assets to Marquee Brands LLC for approximately $175 million, with an earnout opportunity of up to an additional $40 million.