Steelite International Acquires Utopia Tableware Ltd
June 27, 2024
Steelite International has acquired Utopia Tableware Ltd, a Chesterfield-based supplier of tableware, glassware and foodservice equipment, from founder Mark Rammell and his family. The deal—an add-on to Steelite (majority owned by Arbor Investments)—adds Utopia’s product lines, centralised distribution centre and decorating facility to accelerate Steelite’s growth in the UK and continental Europe.
- Buyers
- Steelite International, Arbor Investments
- Targets
- Utopia Tableware Ltd
- Sellers
- Mark Rammell and family
- Platforms
- Steelite International
- Industry
- Manufacturing
- Location
- Derbyshire, United Kingdom
- Transaction Type
- Addon
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