Waterford Crystal will focus on breaking the Asian market over the next two years as part of its global expansion plans.
The luxury goods manufacturer, which experienced financial difficulties after 9/11 leading to thousands of job losses and eventual receivership, was acquired by US equity firm KPS Capital in 2009. Fiskars, a global supplier of consumer products bought Waterford Crystal and its associated brands, Wedgwood and Royal Doulton, from KPS last July for $437 million (€411 million).
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