Enesco Acquires Halcyon Days
Staff -- Gifts & Decorative Accessories, 4/1/2003
Itasca, IL — Enesco Group Inc. purchased giftware and home accessories manufacturer Bilston & Battersea Enamels PLC of Bilston, England, through its European subsidiary Enesco Holdings Ltd. Enesco paid $4 million in cash for the company, which generated sales of approximately $10 million in 2002. The acquisition gives Enesco more product lines with high-end price points, as well as an entry into larger high-end retail markets with the Halcyon Days brands of hand-decorated enamels and sculptural boxes, which currently account for one-third of B&B's sales. Bilston & Battersea will maintain its headquarters in Bilston.
