Regal Ware Announces Acquisition of ESPRO Brand by DKK, Paving the Way for New Growth Opportunities

Espro

Kewaskum, Wisconsin (October 5, 2023) – Regal Ware, an innovator in premium cookware brands, has completed the sale of its ESPRO brand to DKK. This transaction marks a significant milestone for Regal Ware and sets the stage for the company to explore new avenues of growth and innovation. The acquisition was made final for an undisclosed amount and announced officially on October 4, 2023.

ESPRO, known for its premium coffee and tea brewing products, has been a part of the Regal Ware portfolio since 2018. During these years, Regal Ware expanded the brand’s presence both nationally and internationally, grew successful direct-to-consumer sales channels, and built a loyal customer base through service and high-quality, innovative products.

“We are thrilled to announce the successful sale of the ESPRO brand to a buyer who shares our passion for quality, innovation, and the coffee & tea category” said Ryan Reigle, President and CEO of Regal Ware. “This transaction propels us toward an era of unprecedented opportunities for Regal Ware as we look to expand our portfolio of brands.”

Headquartered in Toronto, Canada with manufacturing in Qingdao, China and European distribution in Belgium, DKK’s addition of ESPRO will bolster its existing presence in the beverage industry. Their deep appreciation of ESPRO’s legacy, commitment to its continued development, and alignment with its reputation were all contributing factors in the decision by Regal Ware.

“As we blend the timeless art of tea with groundbreaking advancements in coffee brewing, we found the opportunity with ESPRO to be an optimal representation in this fusion of tradition & innovation,” said Peng Lin, Founder and CEO of DKK. “Together, our brands are poised to elevate the world of beverage experiences and create a symphony of flavors.”

Committed to its core mission of providing premium cookware and kitchenware products to its customers, the sale positions Regal Ware to invest in support of existing divisions and coming acquisitions.