Vandor LLC, a Salt Lake City company that specializes in sculpted, licensed home products such as drinkware, kitchenware and home décor, has been acquired by Dallas-based Bioworld Merchandising. Bioworld markets licensed apparel and accessories for entertainment brands.
Founded in 1957, Vandor has offices in China and the Philippines and employs 120. The company introduces hundreds of new designs each year.{mprestriction ids="1,3"}
“We were thrilled when Bioworld approached us,” said Vandor CEO Sarah DeVoll. “We have heard nothing but positive feedback from our mutual customers and licensors about Vandor joining the Bioworld family.”
“We were impressed by Vandor’s reputation for creating unique and differentiated high-quality products and we’re excited about our growth in the housewares and home business,” said Raj Malik, Bioworld’s CEO. “This strategic acquisition is consistent with our mission to continue to expand our business into new licenses, channels of distribution and international markets while continuing to bring an unparalleled consumer experience across all our product categories. I am confident in our teams’ shared passion for providing consumers with products that truly embody the brands they love and look forward to the success this union will bring.”
The acquisition will increase Bioworld’s global distribution and overall share of the licensing industry, the company said in a release. “Vandor’s unique design capabilities and manufacturing presence in Asia will continue to build upon Bioworld’s strength and leadership within the industry.”{/mprestriction}
