Browne & Company Announces Partnership Agreement

Browne & Company Announces Partnership AgreementBrowne & Company Announces Partnership Agreement

New Shareholders’ Vision and Expertise Inspire Growth and Continued Innovation

MARKHAM, ON (July 20 2015) — Peter and Michael Browne are pleased to announce an exciting new partnership in Browne & Company. An agreement has been signed to welcome Dennis Poon and Maggie Yau to the organization as majority shareholders.  Dennis and Maggie bring 20 years experience in the design, manufacture and branding of cookware andkitchenware, having co-founded one of the industry’s largest manufacturers.

This new association will enhance Browne’s global strategic vision with improved capabilities in all corporate activities: Product Design, Manufacturing, Sourcing, Logistics, Sales and Marketing.

“This partnership brings tremendous new energy to our management,” said Peter Browne, outgoing CEO of Browne & Company. “In addition to their extensive international experience in manufacturing, product and market development, Dennis and Maggie also offer the company youthful vision and a greater capital base to finance new opportunities. We’re excited about where their input can take our business as well as the added value this provides to our allies in the marketplace.”

Browne & Company is an award-winning Canadian company with more than 60 years experience that services a global market with professional food service and retail housewares products. Under this new management, Browne & Company will continue focusing on its core business in the United States and Canada as well as aggressively develop over 40 current export markets.

The Browne & Company brand family includes its proprietary brands Bérard, Browne, Cuisipro, KitchenGrips and Thermalloy. Browne & Company also markets and distributes brands such as AdHoc in Canada and the USA as well as Arc International, T&S, Emile Henry, Global and Swiss Diamond in the Canadian market.