Moderne Glass Acquires MB Works
Aliquippa, Pennsylvania-based supplier Moderne Glass Company Inc., also known as Glass America, has acquired fellow drinkware supplier MB Works. Financial terms of the deal were not released, but Moderne Glass said it would begin processing MB Works orders as of September 16.
“Our acquisition of MB Works complements our overall drinkware offering and enables us to better serve our distributors and the needs of their customers through a much broader selection of drinkware,” said Tom McKnight, president and CEO of Moderne Glass. “We look forward to the opportunity to combine the strengths and talents from the management team from MB Works with our team at Moderne Glass.”
Moderne Glass said it expects a smooth transition with no disruption of orders while the transaction is completed. The supplier firm will launch a new look for 2014 that will include items from its Glass America line as well as a premium line of drinkware that will now be called The MB Works Line.
For more information, visit www.glassamerica.com.