Report: WWRD Owner Exploring Sale

WWRDNEW YORK-Reuters has reported that WWRD owner KPS Capital Holdings is in the "early stages" of exploring a sale of the company. WWRD includes the tabletop brands Waterford, Wedgwood and Royal Doulton.

Citing unnamed sources, the story said KPS is interviewing investment banks about a potential sale, "expected early next year."

Neither KPS or WWRD could be reached for comment at press time.

KPS, a New York-based buyout firm, acquired Waterford, Wedgwood and Royal Doulton in 2009 after the Irish-owned company filed for bankruptcy.

HFN Staff | News & Commentary

HFN provides detailed information on the key home classifications: Housewares, Tabletop, Floor Covering & Rugs, Furniture, Home Textiles, Lighting, Home Decor, Mattresses & Bedding, Gifts, Major Appliances and Consumer Electronics as well as Business, Finance and Retail.

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