Mergermarket – March 19, 2014

The Legacy Companies, a privately held manufacturer of home appliances, kitchen tools and food service equipment, is actively seeking acquisitions to add to its portfolio of brands, said Neal Asbury, founder and chief executive. Asbury, in Chicago for the annual International Home + Housewares Show, said the company is working on five acquisitions right now that are in various stages of completion. Three of the targets are in the US. Asbury declined to go into specifics on the... Read More

American Innovation Better Than Ever

Writing from Chicago at the annual Housewares Show, it reminds me how many American entrepreneurs are in this industry. From booth to booth, new entrepreneurs mingle with entrepreneurs who have been in this industry for decades. What they have in common is a vision and the inner drive to make their ideas a reality and risk everything to grab a piece of the American Dream. No nation can out-innovate the United States of America. Measured as patents per capita, the United States... Read More