The Legacy Companies Acquires Kalorik Product Lines from Team International Group of America
January 9, 2024
The Legacy Companies has acquired the electric countertop appliance product line and the non-electric kitchen smallwares and utensils product line of Team International Group of America, Inc. d/b/a Kalorik in an asset purchase. The acquisition broadens Legacy’s portfolio in the countertop appliance market, adding Kalorik’s touchscreen-enabled appliances and providing cross-selling and account-expansion opportunities; terms were not disclosed.
- Buyers
- The Legacy Companies
- Targets
- Team International Group of America, Inc. d/b/a Kalorik
- Sellers
- Team International Group of America, Inc. d/b/a Kalorik
- Industry
- Consumer Products
- Location
- Florida, United States
- Transaction Type
- Divestiture
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