Source: North-West Evening Mail 5/10/2006

Partylite Parent Corp Sells Off Euro Companies

COLONY CANDLES PUT UP FOR SALE

A CANDLE factory which employs 175 workers is up for sale.

Staff at the Colony Gift Corporation in Lindal were told yesterday that American owner Blyth Incorporated is selling off all its European home fragrance and candles companies.

A second big Barrow candle factory owned by Blyth Inc at Sandsale, CCW Ltd, is not affected and will continue as part of the US group.

It makes a different type of candles, sold via PartyLite house parties. There is speculation that one firm interested in buying Colony is Europe's biggest wax maker CSS of Turin.

It owns Price's, which supplies dinner candles to the Royal Family, but whose candles are all now made in Italy.

Despite being up for sale, bosses of the 26-year-old Colony company were upbeat.

Colony managing director Louise McMahon said: "We don't want any scaremongering because it is business as usual for us.

"There is nothing that I am aware of that is going to change at Lindal because we are being sold.

"A number of people are looking to buy us."

Colony was founded by Alan, Sue and Jill Williams, who sold it in 2001.

The trio were tragically killed in a plane crash in Africa last year.

View PartyLite Gifts, Inc Review

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...

 

PartyLite Gifts, Inc News Archive

New Companies on Npros

Receive News and
Updates from Npros.com

 Send me news updates
 Send me New Companies

RSS Npros News Feed