Lifetime Products Acquires Lightheaded Beds Furniture
May 20, 2015
LIFETIME PRODUCTS ACQUIRES LIGHTHEADED BEDS FURNITURE
CLEARFIELD, UTAH, May 20, 2015 – Lifetime Products, Inc. – a worldwide Utah-based manufacturer of folding tables and chairs, sporting goods equipment, outdoor storage sheds and lawn and garden products – announced today that it has acquired LightHeaded Beds, LLC., of Park City UT, adding the company's innovative lighting and furniture designs to Lifetime’s own lineup of family and home products.
“Lightheaded Beds has developed an innovative bed design which opens new ways to look at a child’s bedroom furniture,” said Richard Hendrickson, President of Lifetime Products, “and consumer response has been outstanding.”
Dennis Forchic, President of LightHeaded Beds, stated, “The marketplace response to our products has been phenomenal. This acquisition by Lifetime Products will allow them to take full advantage of the consumer demand and grow LightHeaded Beds to its fullest potential.”
Lifetime has agreed to purchase all of LightHeaded Beds’ assets, including its intellectual property, trademark portfolio, manufacturing equipment, inventory, and its retailer contracts. Now, beds and HeadLight Images previously distributed by Lightheaded Beds will be manufactured under Lifetime’s management. Employees of LightHeaded Beds will be joining the Lifetime team and will play a key role in the transition and new category development.
Founded in 2011, LightHeaded Beds helps your child illuminate their dreams. The twin and full-sized beds feature a large-scale backlit panel within the headboard with easily interchangeable images to reflect the interests, age, and gender of a child. With thousands of images to choose from, parents and children can change the image in just seconds from princesses to puppies or from spaceships to soccer players. In addition to allowing children to personalize their bed, LightHeaded Beds gives parents control over bedtime with a remote-controlled fade-to-off nightlight and dimmable reading light.
With one of the most innovative bed designs in the industry, LightHeaded Beds are available for distribution at lightheadedbeds.com. This furniture product addition will complement Lifetime’s family products, which currently includes basketball systems, outdoor sheds, folding tables and chairs, kayaks, and a full range of youth kayaks and children’s tables and chairs. For more information about Lifetime Products, visit www.lifetime.com, or contact the acting PR/Communications Manager Landon Southwick at (801) 725-6133 or via email at email@example.com.
About Lifetime Products
Established in 1986, Lifetime Products, Inc. is a privately held company headquartered in Clearfield, Utah. Starting in the owner’s garage, Lifetime Products began by building a better basketball system. This passion for continuous improvement and challenging conventional manufacturing techniques has allowed Lifetime to grow into a global manufacturer and market leader. Today, Lifetime is the world’s leading manufacturer of polyethylene folding tables, chairs, and residential basketball hoops. With other offerings from outdoor sheds and composters to playsets and kayaks, Lifetime continues to develop innovative products sold in more than 80 countries around the globe. For more information about Lifetime Products, visit www.lifetime.com.
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