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Clarion Capital Buys $100M Assets

03-18-2009

Private equity firm, Clarion Capital Partners has bought the assets of china and tableware company, Lenox Group for about $100 million, AltAssets reports. The assets include Lenox, Dansk, Gorham and Department 56 brands.

Peter Cameron, former Waterford Wedgwood and All-Clad Metalcrafters CEO will be the Chairman and CEO of New Lenox. New York-based Clarion invests in consumer products, business services, healthcare services, specialty financial services, retail and niche media, and entertainment.

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