NEW YORK The German porcelain maker Rosenthal has been purchased by Sambonet Paderno Industrie Spa, an Italian cutlery manufacturer.
Rosenthal has been in bankruptcy protection since January, following the bankruptcy filing of its majority shareholder Waterford Wedgwood.
“Both companies are a perfect match, both are geared towards design, innovation, quality and customers,” said Pierluigi Coppo, Sambonet’s chief executive officer, in a statement. “In the business segments porcelain and kitchen items, we aim to become the most reliable player for both the retail trade and gastronomy, with a range of brands and products unique in the industry.”
Sambonet Paderno is best known for its cutlery, stainless steel serving bowls and coffee pots.