Clarion Completes Lenox Asset Purchase

Clarion Capital Partners has acquired the assets of fine china maker Lenox Group Inc. The deal was valued at approximately $100 million, including assumption of debt. KPS Capital Partners announced last month that it was the successful bidder for Lenox, but Clarion said the bidding process was reopened during a bankruptcy court hearing on Feb. 25.

DealsNorth AmericaUSBriefs