REGAL WARE TO SELL WEST BEND RETAIL UNIT.(Regal Ware Inc. sells West Bend Retail Housewares Division to Focus Products Group )(Brief Article)
HFN: The Weekly Newspaper for the Home Furnishing Network, July, 2003 by Quail, Jennifer
WEST BEND, Wis.-Regal Ware Inc. has agreed to sell its West Bend Retail Housewares Division to Focus Products Group LLC, with the transaction set to close on July 31, both parties confirmed. Terms of the sale between the two privately held companies were not disclosed.
As reported, Regal Ware acquired the assets of West Bend's Direct Sales Cookware, Water Systems and Retail Housewares business units last November. Jeffrey Reigle, president and chief executive officer of Regal Ware, said the Retail Housewares unit "didn't fit in with [the company's] long-term strategic goals," but he further emphasized that the company would not have sold that piece of the business "if we hadn't found the right buyer. Focus is really very interested in and committed to the...
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