PartyLite to combine with Candle-lite Company
This new holding company combines two global candle and home fragrance companies: Candle-lite Company and PartyLite. The two companies will operate as wholly-owned subsidiaries of Luminex HD&F Company, and will establish the foundation to create a leading global omni-channel home décor & fragrance company, leverage their R&D and product development efforts, and ensure broad consumer reach by both companies.
Candle-lite Company, founded in Cincinnati, Ohio in 1840, is a designer, manufacturer and wholesaler of candles and home fragrance products for the mass merchant, food, and drug retail outlets in the United States. From its almost one million-square-foot manufacturing and distribution facility in Leesburg, OH, Candle-lite offers consumers a wide selection of high quality products under its Candle-lite Company, Essential Elements, Revere House, and Royale Classics brands.
PartyLite, founded more than 40 years ago, is a global home décor and fragrance direct selling company. As a designer and manufacturer, PartyLite offers an extensive portfolio of premium candles, flameless products, and home décor accessories through its network of 45,000 sales consultants operating in 24 countries.
Candle-lite's Chief Executive Officer, Calvin Johnston, will serve as the CEO of the combined companies as well as serve on Luminex's Board of Directors, along with representatives from The Carlyle Group and Centre Lane Partners. With more than 1,200 employees operating out of 12 offices worldwide, the new corporate office for Luminex will be based out of Candle-lite's headquarters in Blue Ash, OH.
'Our teams are excited by the opportunities and growth potential the combination of these two great companies offers,' said Johnston. 'This structure will enable us to leverage the strengths and capabilities of both businesses, allow us to serve our existing customers and consultants better, and provide a platform for growth by entering new product categories and markets over the coming years.'
Related News
-
PartyLite Parent Names New CEO
October 14, 2015 PLYMOUTH, Mass.-- Blyth, Inc., a direct-to-consumer manufacturer and distributor of home fragrance, household products and accessories, today will name Harry Slatkin as Chief Executive Officer and member of the Board of Directors. Blyth, Inc. was recently acquired by The Carlyle Gro... Read More...PartyLite Parent Acquired by Investor
GREENWICH, Conn. and NEW YORK, Aug. 31, 2015 -- Global alternative asset manager The Carlyle Group and Blyth, Inc., a direct-to-consumer manufacturer and seller of candles and home fragrance products, today announced they have entered into a definitive agreement under which The Carlyle Group will ac... Read More...PartyLite Celebrating Earth Hour 2015
March 4, 2015 -- Lights off! Candles on! That's the idea behind Earth Hour, which happens around the world from 8:30 p.m. to 9:30 p.m. local time Saturday, March 28.Over the last eight years, Earth Hour has grown from a symbolic "lights out" event in Australia to an annual global event celeb... Read More...
PartyLite Products Now Available In Turkey
GREENWICH, Conn., Jan. 26, 2015 -- Blyth, Inc., a direct to consumer company and leading designer and marketer of candles and accessories for the home and health, wellness and beauty products, household convenience items and personalized gifts sold through the direct selling and direct marketing cha... Read More...
