Private equity
In 2004, Newell Rubbermaid sold Anchor Hocking to New York City-based Global Home Products, LLC, an affiliate of Cerberus Capital Management LP.[4]
When Global Home Products declared bankruptcy in 2006, Anchor Hocking was sold to Monomoy Capital Partners,[7] who merged Anchor Hocking with Oneida in 2012 and created EveryWare Global.[8] In January 2014, EveryWare Global announced its plans to close its regional office and the Oneida outlet store, both in Sherrill, New York, with the process starting in April.[9] The original Oneida outlet store in Sherrill, New York, was closed April 26, 2014.[10] EveryWare Global filed for bankruptcy in 2015.[8] EveryWare Global was renamed The Oneida Group in 2017.[11]
In June 2021, Oneida Consumer LLC, including the Oneida brand, was acquired by Lenox Corporation, bringing Anchor Hocking under the control of private equity firm Centre Lane Partners.[12][13] In July 2021 Centre Lane renamed The Oneida Group as Anchor Hocking Holdings, Inc.[14]
Centre Lane Partners gained control of Corelle Brands, manufacturer of Pyrex, in a controversial 2024 acquisition.[15] While the initial purchase received minimal attention, the deal became more widely known after it was announced that Anchor Hocking would be closing down the 132-year-old Pyrex factory in Charleroi, Pennsylvania, and relocating all production to Lancaster, Ohio.[16] Despite pushback from Senators Bob Casey Jr. and John Fetterman and legal action by the State of Pennsylvania, the motions were dismissed and Anchor Hocking closed the Charleroi factory in April 2025.[17][18]
