Portmeirion Group PLC purchased Nambé for $12 million, according to the Albuquerque Journal. Nambé, known for its aluminum bowls, generated $18 million in sales, according to the Journal.
Founded in 1951, Nambé was family-owned. Its products are made from a metal alloy, unique to Nambé, and a 15-step casting process.
In 1999, Nambé added full-lead, mouth-blown crystal to its collection. In 2007, it launched its first collections of flatware…
Source: The Business Journal