Indianapolis-based supplier St. Regis Crystal announced today that it will acquire Chicago awards manufacturer R.S. Owens, effective December 17, 2012.
"This asset-based acquisition presents tremendous opportunities," said Richard Firkser, president and CEO of St. Regis Crystal. "R.S. Owens has spent 75 successful years developing its creative, innovative and technical skills. St Regis complements these skills with superior customer service, huge production capacity, and the structural and financial backbone to really grow."
"We are excited to soon be part of the St. Regis Group," said Scott Siegel, MAS, president of R.S. Owens and past chairman of PPAI. "The opportunity to combine St. Regis' strengths with R.S.Owens' creative design capabilities, U.S.-based manufacturing and reputation for exceptional quality will provide unprecedented growth opportunity."