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News Enesco sold to Balmoral Funds


One of the world’s most well-known gift companies, Enesco, has been sold to Los Angeles-based private equity firm, Balmoral Funds. The senior managing director of


Balmoral, Jonathan Victor said: “We are excited to welcome Enesco to the Balmoral Fund family of consumer product companies. The Company’s portfolio includes highly recognised company-owned brands, such as Gund, Department 56, Our Name is Mud, and Gregg Gift, as well as iconic licensed brands like Jim Shore, Disney, Britto, and Peanuts.” Todd Mavis, an operating advisor for Balmoral,


became the CEO of Enesco with immediate effect upon completion of the acquisition. Mavis, who specialises in growth opportunities, was recently CEO of Katun


“We are excited to welcome Enesco to the Balmoral Fund family of consumer product companies”


Corporation and First Advantage Corporation. “There are many reasons to be excited about joining


the company; great brands, global reach, and an experienced management team,” said Mavis. “I am looking forward to working closely with our licensors, retailers, and suppliers to meet


the needs of our consumer customers.” Tom Bowles, the outgoing CEO, will be retiring


after successfully leading the business for the last five years. He will continue to work with Enesco in a consulting capacity to help insure a smooth transition of leadership. Serving more than 40,000 customers worldwide,


Enesco designs and distributes consumer products to a broad range of independent card and gift retailers and home decor stores, as well as national retail chains and department stores. Enesco will have a new location and new stand


design in Hall 4 of Spring Fair, H80-J81 / H90-J91 and F90-G91, launching over 500 new products lines including the brand new Lolita Glassware.


Joe Davies to distribute Rose & Co


Giftware giant Joe Davies has been appointed the official distributor (UK and Eire) for popular body and bath brand Rose & Co. The brand will be supplied throughout the UK using Joe Davies’ Little & Often ordering system with a minimum order of £100 and free delivery. See Joe Davies at Spring Fair Hall 5 Stand C30 – D31.


November / December 2015 Giftware Review & Home Interiors 5


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