Oneida Acquired By Anchor Hocking Parent

Oneida Ltd., one of the oldest tabletop manufacturers in the United States and the parent of Oneida Foodservice, has been acquired by Monomoy Capital Partners. The New York-based equity firm is the parent company of glassware manufacturer Anchor Hocking Corp.

The acquisition was announced Nov. 2; terms of the transaction were not disclosed.

Founded in 1880, Oneida’s brands—including Buffalo, Noritake, Schoenwald and Wedgwood—encompass flatware, dinnerware, bakeware, crystal and servingware product lines for the global foodservice and consumer markets. The Oneida, N.Y., manufacturer operates distribution centers in Savannah, Ga., Canada, England and Mexico, and maintains procurement offices in New York and Guangzhou, China.

Its new sister company, Anchor Hocking, manufactures products including glass beverageware, bakeware, storage containers and barware. It is based in Lancaster, Ohio.

“This is a unique opportunity,” said Jim Joseph, Oneida’s president and CEO. “The resources of both Oneida and Anchor Hocking and our unrivaled relationships in the consumer and foodservice space will provide both companies with significant opportunities for continued growth over the next few years.”