Lifetime Brands announces acquisition of S'well

Maks_Lab/iStock via Getty Images

• Lifetime Brands (NASDAQ:LCUT) has acquired the business and certain assets of Can’t Live Without It (d/b/a S’well Bottle), a global designer, wholesaler and retailer of reusable, vacuum-insulated products.
• Terms of the acquisition were not disclosed.
• The deal to be completed in the second quarter of 2022.
• The addition will contribute ~$4.5M of annualized EBITDA.