Nambé sold to British manufacturers for $12M

New Mexico

(courtesy Santa Fe New Mexican)

SANTA FE, N.M. (KRQE) – A famous New Mexico business has been sold to new owners. Nambé LLC, famous for its silver kitchenware, has been sold to a British manufacturer for $12 million.

The company originally out of Santa Fe has been owned by the Hillenbrand family for nearly 40 years. However, the new buyer tells the Santa Fe New Mexican that Nambé has a great design ethic, calling it “contemporary and chic.”

Stores are expected to open up in other states and merchandise will soon be sold overseas in the U.K.

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