Marquee Brands LLC has signed a definitive purchase agreement to acquire the Martha Stewart and Emeril Lagasse brands and all related intellectual property from Sequential Brands Group.
Through this acquisition, Marquee Brands will establish a home and food division, increasing its portfolio to over $2.3 billion in annual retail equivalent sales, according to the company. Marquee Brands also named Carolyn D'Angelo president of the new home division.
As part of the agreement, Martha Stewart will join the Marquee Brands team and continue to guide the brand she founded.
Related: Wells Enterprises Buys Fieldbrook Foods; Aurora Cannabis Acquires Hemp-based Food Maker.
from Specialty Food News http://bit.ly/2Isl554
Martha Stewart and Emeril Lagasse Brands Have New Owner
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April 17, 2019
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