ST IVES' U.S. DIVISION -- Adding to the Equation
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The newly formed company has 1,350 employees and is projecting sales of $224 million for the fiscal year ending July 31, 2001.
According to Gary Davis, senior vice president and general manager of St Ives Cleveland, the pairing represented a matchup with numerous benefits. "The acquisition was a strategic fit for several reasons," he remarks. "Avanti and Case/Hoyt were well-regarded entities in their fields. Avanti has a solid reputation within the cruise and retail markets, and Case/Hoyt in high-end financial publications, brochures and the like.
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