Browne & Co. Adds Majority Shareholders

Under a new partnership agreement, Dennis Poon and Maggie Yau have joined Browne & Co. as majority shareholders.  Peter and Michael Browne of the Markham, Ontario-based business said Poon and Yau bring 20 years experience in the design, manufacture and branding of cookware and kitchenware, having co-founded one of the industry’s largest manufacturers.

The Browne & Co. brand family includes its proprietary brands Bérard, Browne, Cuisipro, KitchenGrips and Thermalloy. Browne & Co. also markets and distributes brands such as AdHoc in Canada and the United States as well as Arc International, T&S, Emile Henry, Global and Swiss Diamond in the Canadian market.

This new association will enhance Browne’s global strategic vision with improved capabilities in all corporate activities including product design, manufacturing, sourcing, logistics, sales and marketing. Under terms of the agreement, Poon takes over as president and CEO. He most recently served as vice chairman and vice president of Guangdong Linkfair Group, Hong Kong.

“This partnership brings tremendous new energy to our management,” said Peter Browne, outgoing CEO. “In addition to their extensive international experience in manufacturing, product and market development, Dennis and Maggie also offer the company youthful vision and a greater capital base to finance new opportunities. We’re excited about where their input can take our business as well as the added value this provides to our allies in the marketplace.”

Browne & Co. is an award-winning Canadian company with more than 60 years experience that services a global market with professional foodservice and retail housewares products. Under new management, Browne & Co. will continue focusing on its core business in the United States and Canada as well as aggressively develop more than 40 current export markets.