Harvey & Company initiated the acquisition of Manzella Productions, Inc. Below is the press release following the transaction:
totes»ISOTONER completes acquisition of Manzella Productions, Inc.
September 1, 2011
Cincinnati, OH – totes»ISOTONER Corporation today announced the acquisition of Manzella Productions, Inc. Manzella, located in Buffalo, New York, provides a wide range of gloves for outdoor sport and recreational activities, including skiing, running, hunting and general outdoors.
"Manzella is an excellent fit for our Outdoor Products category," said Doug Gernert, totes»ISOTONER?s President and Chief Executive Officer. "Their range of products, creative designs, and attention to product quality and customer service provides a great complement to our current business. We welcome Manzella to totes»ISOTONER and look forward to our mutual growth in the years ahead."
"We?re excited to take this next step for our company as part of totes»ISOTONER," said Manzella President and Chief Executive Officer Tony Manzella. "Joining totes»ISOTONER will enhance our supply chain capabilities and provide greater resources to continue the growth of the Manzella brand."
totes»ISOTONER Corporation, headquartered in Cincinnati, Ohio, is the world's largest marketer of umbrellas, gloves, slippers and other weather-related accessories. totes»ISOTONER has over 1,200 employees and, in addition to Cincinnati, has offices in New York, Toronto, London, Paris, Hong Kong and Manila. In 1997, totes and ISOTONER merged to form the totes»ISOTONER Corporation. The company, which is owned by private equity firm MidOcean Partners (midoceanpartners.com), offers quality products from two of the most recognized apparel brand names in the country.
Manzella has spent over 25 years designing, merchandising and selling best-of-class gloves with legendary fit. It supports its product development with The Manzella Glove Selection System, a selection system ranking gloves as Warm, Warmer, or Warmest, easing the process for customers to find and purchase the gloves they want. Manzella designs gloves for outdoor, snowsport, running, archery, hunting, recreation/work wear and casual market segments. The company is located in Buffalo, New York.