Monomoy Capital Partners Acquires Indiana Glass Company And E.O. Brody Company From Lancaster Colony Corp.

Date: 21 November 2007
Source: Businesswire.com
Monomoy Capital Partners, L.P., a New York private equity fund that makes controlling investments in middle market companies that require operational or financial restructuring, announced today that it has acquired Indiana Glass Company and E.O.

Brody Company from the Lancaster Colony Corporation.



Indiana Glass manufactures tabletop and decorative glassware containers for the retail, private label, candle and floral markets. E.O. Brody markets and distributes vases made by Indiana Glass to wholesale florists, large floral buying groups and flower shops. Indiana Glass’ customers include large retailers such as Wal-Mart, specialty retailers, and candle makers. E.O. Brody supplies the nationwide floral industry, including FTD, 1-800-FLOWERS, and more than 1,200 independent retail florists. The companies employ approximately 450 people at facilities located in Sapulpa, Okla., Tulsa, Okla., Dunkirk, Ind. and Cincinnati, Ohio.



Monomoy will merge Indiana Glass and E.O. Brody into The Anchor Hocking Company, the $220 million glassware manufacturer that Monomoy acquired out of Chapter 11 earlier this year. Anchor operates facilities in Lancaster, Ohio and Monaca, Penn. and supplies a wide range of glassware products to mass-market retailers, consumer products companies, candle makers, specialty retailers and the lodging and food service industries.



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