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GENERAL NEWS www.kitchenwarenews.com n NOVEMBER 2016 n KITCHENWARE NEWS & HOUSEWARES REVIEW 3 REVERE Debuts New Cookware Lines REVERE®, maker of copper-bottom pots and pans, is returning with the launch of two new cookware lines. The new lines, offered in stainless steel and hard anodized aluminum, will continue the brand's long-standing history and commitment to durability and quality cooking performance at an affordable price with a patent-pending new feature and designs. The new lines are REVERE Copper Confidence Core™ Stainless Steel Cookware and REVERE Clean Pan™ Hard Anodized Aluminum Non-Stick Cookware. Both lines include a new patent-pending feature, the innovative Nest&Protect™ interlocking handles. Expanding on the functionality of the traditional hanging ring, the new design integrates features to nest and lock fry pan and sauce pot handles in place. When nested, the pots and pans are elevated above one another, seemingly floating, to protect the interior and exterior finish and store conveniently and efficiently without scratching. REVERE Clean Pan Hard Anodized Aluminum Non-Stick Cookware is designed to save time and effort for cleanup. The hard anodized aluminum surface is durable, and the interior is coated with a Clean Pan three- layer titanium reinforced (PFOA free) non- stick coating that is metal utensil and dishwasher safe. Additional features available for both sets include stay-cool handles and interchangeable glass dome lids, and the the sets are dishwasher and oven safe up to 350 degrees. REVERE cookware pieces can be purchased individually, ranging in suggested retail price from $19.99 to $97.99, as well as in 10-piece sets ranging from $199.99 to $229.99. For more information, visit www.revereware.com. KN General News Lifetime Brands, Inc. has announced it has completed the acquisition of the Kitchen Division of Focus Products Group. The division sells a wide variety of kitchenware and bakeware products under the Amco Houseworks®, Chicago™ Metallic and Swing-A-Way® brands. Lifetime's Chairman and Chief Executive Officer Jeff rey Siegel commented, " We are excited to expand our portfolio of brands with three distinguished names that complement our market-leading kitchenware and bakeware businesses. This acquisition meets our criteria of well-known and longstanding brands; premium positioning in the marketplace; established relationships with blue-chip customers; and significant opportunities for growth. "Chicago Metallic has been a leader in upper-end bakeware for more than 100 years, building an exceptional reputation as ' The Baking Experts' through innovative, high-quality products," Siegel said. "Amco Houseworks, whose signature stainless steel tools and gadgets are sold through gourmet and specialty stores nationwide and online, has been an award-winning brand since the 1970s. Swing-A-Way has been a leading brand of can openers for over 50 years with over 200 million units sold since the company's founding in 1954." "These three brands fit perfectly into our platform and we have the resources to quickly enhance their performance," he continued. "Since they are in categories where Lifetime is already established, we expect the acquisition to provide immediate gross margin dollars without an accompanying increase in SG&A." The acquisition is expected to be accretive to the Company 's diluted earnings per share in 2016. Terms of the acquisition were not announced. For more info, visit www.lifetimebrands.com. KN Lifetime Brands Announces Acquisition