This ad will be closed automatically in X seconds.

Portmeirion acquires Wax Lyrical

Candle maker is snapped up for £17.5 million.

Portmeirion Group has acquired Lighthouse Holdings, the owner of the Wax Lyrical candle brand, for £17.5 million.

Wax Lyrical sells scented candles and reed diffusers to shops in the UK and over 40 countries worldwide.

Its Fired Earth collection was a winner at the Gift of the Year Awards 2016, while it also has Jelly Belly and RHS licences.

Portmeirion said that the brand was a strong strategic fit with the company, thanks to its Made in Britain pedigree. It will now use its customer base and websites to help grow the Wax Lyrical business further.

Lawrence Bryan, chief executive, said: “We are proud to acquire a group delivering world class Made in Britain home fragrances.

“Together with our existing strong brands of Portmeirion, Spode, Royal Worcester and Pimpernel, these new brands will drive our business forward and offer significant opportunities for growth.”

MORE NEWS
Silc500x500
 
With the Sustainability in Licensing Conference now just four weeks away, we're honouring the United Nations' 17 SDGs with 17 things you won't want to miss at this year's event....
Ella500x500
 
Landmark collaboration will see the leading baby food brand create a Very Hungry Caterpillar range of baby and toddler snacks....
Tesco500x500
 
A number of familiar licensed names are featuring in Tesco's latest up to half price toy sale, which begins on Monday 3 October....
AshHol500x500
 
ToyTopic's Ashley Holman on why offering value for money on ranges is now crucial....
Rubieslogo500x500
 
Peter joins the licensee from Mattel where he was senior national account manager....
Jiggy500x500
 
FIFA has chosen Dream Theatre to manage the merchandise programme for the FIFA World Cup Qatar 2022 in India and South Asia....
Get the latest news sent to your inbox
Subscribe to our daily newsletter

The list doesn't exist! Make sure you have imported the list on the 'Manage List Forms' page.