Arc Sells International Cookware Division

ARC InternationalFRANKFURT, Germany-Arc International has sold the Arc International Cookware division to U.S. investment firm Aurora Capital.

At the same time, stockholders of the privately held French glassware company have agreed to open the company's capital to outside investment.

Speaking from the Ambiente fair in Frankfurt, Germany, earlier this week, Fred Dohn, CEO of Arc's North American division, acknowledged that the parent company has suffered from "cash problems" but has met all of its financial covenants and financing for 2014 is "fine."

The French press had speculated that the U.S. division would be sold, according to Dohn, but he said the American subsidiary is strong and viable and adds to the value of the entire company. Dohn said the company, which is based in Arques, France, does not plan to sell the U.S. division, or any other parts of the company.

Dohn said he did not know the amount of capital available to outside investors.

The Arc International Cookware division has the exclusive licensing rights to, and sold, the Pyrex brand to Africa, Europe and the Middle East.

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.


  • Adriana Hoyos Relaunches Brand at High Point Market

    Camera Icon   More Videos

Subscribe to
HFN Omnichannel
Receive the news you need to know about the trends in the industry delivered right to your inbox.

Current Issue

  • HFN cover for September 2017


    September 2017


    2017 State of the Industry Report
    Cautious Optimism, Mixed Results

    Many expected 2016 would be a banner year, but the political and economic climate softened consumer confidence. It was also a year consumers spent more lavishly on home remodeling rather than decorating.


    •  TJX Unveils First U.S. Homesense Store - In a time when retailers are reducing store counts, TJX continues to get physical.
    •   Ikea’s Fluid Spaces - The retailer’s new intros reflect multifunctional rooms.
    •  N.Y. Home Fashions Market Preview - Textile textures get soft and cozy, colors warmer.