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Carlyle Group Acquires Blyth

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By: TOM BRANNA

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The Carlyle Group will purchase Blyth, Inc. for $6 a share. The acquisition values Blyth at $98 million. “Blyth is a pioneer in home fragrance with well-established brands and extreme customer loyalty,” said Carlyle Managing Director David Stonehill. “We expect Carlyle’s deep experience in global consumer businesses will help drive Blyth’s product innovation and growth goals. We are particularly impressed with PartyLite’s network of 40,000 independent consultants who have remarkable passion f...

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