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Libbey Inc. Completes Premium Tabletop Offering With Addition of Reed & Barton Through Licensing Agreement

TOLEDO, OHIO, NOVEMBER 19, 2014 – (NYSE MKT: LBY) Libbey Inc. and Reed & Barton have announced today that Libbey Glass Inc. will be the licensed distributor of Reed & Barton flatware products to the foodservice industries in the United States, Canada and their territories effective January 1, 2015.

Through the licensing agreement, Libbey, a leading supplier of glassware, dinnerware, flatware and serveware products to the foodservice industry, will be offering new premium flatware choices for U.S. and Canadian foodservice customers. Reed & Barton has designed and manufactured the finest quality flatware for nearly two centuries.
 
“We are extremely pleased that Reed & Barton will be joining the Libbey family,” said Rob Bules, vice president, U.S. & Canadian Foodservice Sales & Marketing, Libbey Inc. “The addition of Reed & Barton to our other premium brands, namely Schönwald dinnerware and Spiegelau and Nachtmann glassware, completes our trio of product lines specific to fine dining and the upper-end hospitality, gaming, resort and cruise line segments.”    
 
“Libbey Foodservice’s strong reputation, category expertise and comprehensive product offering make the company an ideal business partner for Reed & Barton,” said Tim Riddle, president and CEO, Reed & Barton. “Both companies share a commitment to excellence and a passion for creating the finest tableware for our customers.”


Libbey® Foodservice is the exclusive distributor of SCHÖNWALD dinnerware to the foodservice industry in the United States, Canada and their territories. Libbey Foodservice is the exclusive distributor of Spiegelau and Nachtmann to the foodservice industry in the U.S. and its territories. It does not distribute these brands to Canada, its provinces or territories.



About Libbey Foodservice
Libbey® Foodservice, a division of Libbey Inc., sets the standard in the foodservice industry for design, quality and service. It manufactures and distributes the complete tabletop, including Libbey Glassware, Syracuse® China and World® Tableware dinnerware and flatware, and is the exclusive distributor of Spiegelau and Nachtmann to the foodservice industry in the U.S. and its territories. For more information, visit libbey.com.
 
About Libbey Inc.
Based in Toledo, Ohio, since 1888, Libbey Inc. is the largest manufacturer of glass tableware in the western hemisphere and one of the largest glass tableware manufacturers in the world. It supplies glassware, tableware, flatware and serveware products to foodservice, retail, industrial and business-to-business customers in over 100 countries, and is the leading manufacturer of tabletop products for the U.S. foodservice industry.

About Reed & Barton
Established in 1824, Reed & Barton is one of the oldest and largest privately held tableware and giftware companies. Renowned for superb design and superior craftsmanship, Reed & Barton flatware and tabletop products bring style and elegance to every table and is the choice for foodservice establishments with discriminating taste.