UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): April 1, 2016
Lifetime Brands, Inc.
(Exact Name of Registrant as Specified in Its Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
| 0-19254 | 11-2682486 | |
| (Commission File Number) | (IRS Employer Identification No.) |
1000 Stewart Avenue, Garden City, New York, 11530
(Address of Principal Executive Offices)(Zip Code)
(Registrant’s Telephone Number, Including Area Code) 516-683-6000
(Former Name or Former Address, if Changed Since Last Report) N/A
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| Item 8.01 | Other Events |
On April 1, 2016, Lifetime Brands, Inc. (the “Company”) issued a press release announcing the acquisition of the business and certain assets of Wilton Armetale, Inc. A copy of the Company’s press release announcing the completion of the acquisition is furnished with this Current Report as Exhibit 99.1.
| Item 9.01 | Financial Statements and Exhibits |
(d) Exhibits
| 99.1 | Press Release dated April 1, 2016. | |
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Lifetime Brands, Inc. | ||
| By: | /s/ Laurence Winoker | |
| Laurence Winoker | ||
| Senior Vice President – Finance, Treasurer and Chief Financial Officer | ||
Date: April 5, 2016
Exhibit Index
| Exhibit |
Description | |
| 99.1 | Press release dated April 1, 2016 | |
Exhibit 99.1
|
|
Media Contact:
Lisa Lochner lisa.lochner@lifetimebrands.com 516-740-6723 |
| |
Lifetime Brands Acquires the Business and Certain Assets of Wilton Armetale
Acquisition Extends Lifetime’s Reach with Specialty Retailers
GARDEN CITY, NY, April 1, 2016 —Lifetime Brands, Inc. (NASDAQGS:LCUT), a leading global provider of kitchenware, tableware, and other products used in the home, today announced it has acquired the brands, product portfolio, and certain other assets of Wilton Armetale.
Wilton Armetale was founded in 1892 by the Wilton Family in Lancaster County, Pennsylvania. Wilton Armetale products are sold in department stores and specialty stores throughout the United States and internationally. The company’s website is www.armetale.com.
Armetale is a unique aluminum-based alloy that has properties for keeping hot food hot and cold food cold, making it an ideal material for cooking and entertaining.
Dan Siegel, Lifetime’s President, commented, “Wilton Armetale is best known and highly regarded for its vast collection of beautifully designed serving pieces, including decorative and functional bowls, platters and grilling vessels. The unique properties of Armetale metal make it a desirable addition to the Lifetime Brands portfolio of tableware products. Lifetime intends to accelerate the development of new products under this venerable brand, and we look forward to continuing to deliver excellent quality and service for existing Wilton Armetale customers and fine retailers worldwide.”
About Lifetime Brands, Inc.
Lifetime Brands is a leading global provider of kitchenware, tableware and other products used in the home. The Company markets its products under such well-known kitchenware brands as Farberware®, KitchenAid®, Cuisine de France®, Fred® & Friends, Guy Fieri®, Kitchen Craft®, Kizmos™, Misto®, Mossy Oak®, Pedrini®, Sabatier®, Savora™ and Vasconia®; respected tableware brands such as Mikasa®, Pfaltzgraff®, Creative Tops®, Gorham®, International® Silver, Kirk Stieff®, Sasaki®, Towle® Silversmiths, Tuttle®, Wallace®, V&A® and Royal Botanic Gardens Kew®; and home solutions brands, including Kamenstein®, Bombay®, BUILT®, Debbie Meyer® and Design for Living™. The Company also provides exclusive private label products to leading retailers worldwide. The Company’s website is www.lifetimebrands.com.
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