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Lifetime Products Announces Agreement to Purchase PDG’s Folding Furniture Business
August 10, 2021
CLEARFIELD, UTAH SOUTHFIELD, MICHIGAN (August 10, 2021) Lifetime Products, Inc. (Lifetime) and Plastic Development Group, LLC (PDG) are pleased to announce that they have entered into an agreement wherein Lifetime will purchase PDGs folding furniture business at the end of their current licensing agreement in December of 2023. The agreement will allow Lifetime and PDG to leverage their individual expertise and combined knowledge of the folding furniture market. Through this agreement, Lifetime and PDG will be able to provide industry-leading products to a broader spectrum of consumers in the folding furniture market. This purchase will make Lifetime stronger, more responsive and a better supplier to our global customers. We are confident this move improves our product offering and service in both our domes...