Steelite International, a leading supplier and manufacturer of tableware and buffet solutions in the global hospitality and catering industry, has announced its acquisition of Utopia Tableware Ltd. The acquisition expands Steelite’s global footprint, particularly in the UK and continental Europe, adding Utopia’s innovative product lines, top brands, and a state-of-the-art decorating facility to its portfolio. Founded in 2000 and based in Chesterfield, UK, Utopia has a broad range of products tailored to the hospitality and branded glassware market. The deal strengthens Steelite’s offerings and infrastructure, continuing its growth under the ownership of Arbor Investments, a private equity firm that has invested significantly in Steelite’s organic and acquisitive growth since acquiring the company in December 2019. This acquisition marks Steelite’s seventh under Arbor’s ownership and highlights both companies’ commitment to innovation and customer service.

Tableware and Buffet Solutions, Hospitality Industry, Private Equity,United States, United Kingdom, Europe