Oneida Ltd. Sells Australian Division to Shift Focus

Summary


"Oneida Australia was a very profitable, cash-producing entity that enabled us to gamer a very attractive price," says James Joseph, president of Oneida Ltd. Oneida Australia (www.oneida.com.au), located in Moorabbin, Victoria, sold dinnerware, flatware, and stemware under a variety of brand names including Oneida, Sant'Andrea, Viners, Inn Crystal, and Stanley Rogers.

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Extract


Oneida Ltd. Sells Australian Division to Shift Focus

SHERRILL - In an effort to reduce debt and focus on new markets, Oneida Ltd. has sold its business in A...

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