Luminex, headquartered in the U.S. formed through the merger of Candle-lite, a portfolio company of Centre Lane Partners, and PartyLite, a portfolio company of Carlyle Investment Management has quickly grown into the #1 market leader in branded and private label solutions in Air Care in North America with top retailers as customers, with a heritage of 180+ years in manufacturing candles, as well as substantial direct to consumer presence in Europe through a combination of online and agency models. This is a manufacturing facility. Western Kentucky native Mary V. Propes, now 69, decades ago founded MVP Group International. Mayfield Consumer Products is a Kentucky-based, family-owned designer and manufacturer of branded candles and home fragrance products. googletag.cmd.push(function() { -Zig Ziglar Inspirational Candles Press Room: The latest company press releases. Today, PartyLites line of candles and home dcor products are sold directly to consumers in 19 countries, both online and by 45,000 independent consultants who move the goods at direct-selling parties. Gov. Corporate Relations Get the big picture on a company's affiliates and who they do business with. The combined entity is expected to have a global distribution network covering 40+ major retailers and 50,000+ retail outlets, including 14 major U.S. retailers like Walmart, T.J. Maxx, Kroger, Dollar General and Rite Aid across 21,000+ retail outlets. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom. It's 227 miles southwestof Louisville and 134 miles northwest of Nashville. All rights reserved. }); Thousands of brands in the gift, home, furniture, toy, and a[]. These statements are based on various assumptions and are subject to a number of risks and uncertainties, including, without limitation (1) the inability of the parties to successfully or timely consummate the Luminex stock purchase agreement and the GP Global stock purchase agreement, including the risk that any required regulatory approvals (including approval from antitrust regulators) are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect GACQ or the expected benefits of the Luminex stock acquisition and the GP Global stock acquisition (collectively, the Stock Acquisitions), if not obtained; (2) the failure to realize the anticipated benefits of the Stock Acquisitions; (3) matters discovered by the parties as they complete their respective due diligence investigation of the other parties; (4) the ability of GACQ prior to the Stock Acquisitions, and GACQ following the Stock Acquisitions, to maintain the listing of GACQs shares on Nasdaq; (5) costs related to the Stock Acquisitions; (6) the failure to satisfy the conditions to the consummation of each of the Stock Acquisitions, including the approval of the Luminex stock purchase agreement and the GP Global stock purchase agreement by the shareholders of GACQ and the receipt of a fairness opinion with respect to the GP Global stock acquisition; (7) the risk that the Stock Acquisitions may not be completed by the stated deadlines and the potential failure to obtain an extension of the stated deadlines; (8) the inability to complete a PIPE transaction; (9) the outcome of any legal proceedings that may be instituted against GACQ, Luminex or GP Global related to the Stock Acquisitions; (10) the attraction and retention of qualified directors, officers, employees and key personnel following the Stock Acquisitions, GACQs ability following the Stock Acquisitions to compete effectively in a highly competitive market, the ability to protect and enhance Luminexs and GP Globals corporate reputation and brands; (11) the impact from future regulatory, judicial, and legislative changes in Luminexs and GP Globals industry; (12) the future financial performance of GACQ following the Stock Acquisitions, including the uncertain effects of the COVID-19 pandemic; (13) the ability of GACQ to forecast and maintain an adequate rate of revenue growth and appropriately plan its expenses; (14) the risk that the Stock Acquisitions disrupt current plans and operations of Luminex and GP Global as a result of the announcement and consummation of the Stock Acquisitions; (15) the possibility that Luminex or GP Global may be adversely affected by other economic, business, regulatory, and/or competitive factors; (16) the evolution of the markets in which Luminex and GP Global compete, including ecommerce; (17) the ability of Luminex and GP Global to anticipate and respond to changing consumer preferences and merchandise trends; (18) the ability of Luminex and GP Global to implement their existing strategic initiatives and continue to innovate their existing products; (19) the ability of Luminex and GP Global to defend their intellectual property; (20) the risk that Luminex and GP Global may not be able to execute their growth strategies and the timing of expected business milestones; (21) the risk that Luminex and GP Global may not be able to recognize revenue for their products or secure additional contracts that generate revenue; (22) Luminexs and GP Globals performance, capabilities, strategy, and outlook; and (23) other risks and uncertainties indicated from time to time in the final prospectus of GACQ for its initial public offering and the proxy statement relating to the proposed business combination, including those under Risk Factors therein, and in GACQs other filings with the SEC. The Propes family announced in 2018 that it had divested its interest in MVP Group International while retaining family ownership of Mayfield Consumer Products. Earlier this year, the Graves County jailer told the Paducah Sun that he would provide an inmate-to-business work program to supply labor at the candle factory. Management did not want to evacuate the building and send workers out into the approaching storm, Propes said. It's Mayfield Consumer Products on the town's west edge near Interstate 69. Beshear's office says MVP is the largest manufacturer worldwide of private label candles and home fragrance goods. Careers - Mayfield Consumer Products But it's a very dire situation at this point.". "Mandatory overtime will be required frequentlyeither by extending your shift or working on Friday," the listing said. Bold fragrances and design, made for the ones that stand out from the crowd. Real-time updates and all local stories you want right in the palm of your hand. We are committed to that brand. The combined entity has a forecast 2022 revenue of approximately $553m. Here's what to know about Mayfield Consumer Products and the deadly destruction of its candle factory. Loeb & Loeb LLP is serving as legal counsel to Global Consumer Acquisition Corp.ARC Group Limited is serving as the financial advisor to Global Consumer Acquisition Corp.Duff & Phelps Securities, LLC is serving as the financial advisor to Luminex. GACQs efforts to identify a prospective target business are not limited to a particular industry or geographic region, although it has focused on operating businesses in the consumer products and services sectors. MCP recently ranked as Graves Countys third-largest private employer, although its employment total sometimes exceeding 200 could vary depending on the economy and seasonal demand for its products, with Christmas being a busy time. MVP Candle Factory locations 3.3 Mayfield, KY 3.0 Elkin, NC 4.0 Union City, TN Show all locations What's being discussed at MVP Candle Factory? MVP Group International, Inc. is a global leader in Home Fragrance with consolidated global revenue at $228 MM. -Green Matters Cleaning with a Conscience(TM) Whether you're starting a hobby candle business or a full-scale production business, naming your candle company name is an important step in building your brand. In 2000, MVP Group International moved its headquarters from Mayfield to Charleston, S.C., where Mary V. Propes had taken up residence. If you have any questions or inquiries, or would like to speak directly with one of our customer service representatives, we invite you to contact us at sales@mvpgroupcorp.com or Toll Free on 1-888-275-4538, MVP Group Corp. All Rights Reserved. You may want to try: all MVP Candle Factory reviews in United States (13 reviews) Kentucky Gov. for convenient one-stop shopping, Beshear initially estimated the death toll could be as many as 75 of the 110 people who took shelter in the hallway and bathroom before the factory was leveled by the massive twister. Cape Cod schoolteacher started candle company, Read more:EV charging stations have miles to go in US. Our authorized service partners are always within arms length ready to better serve our clients and their clients as well. PRIMACY's story of consolidation dates back to 2007, with the partial acquisition of MVP Group International - one of the leading luxury scented candle manufacturer in US. The company opened the Mayfield candle factory as well as other consumer product manufacturers,. Some have life-threatening injuries, according to WFPL, and the jail deputy supervising them died. At the closing of the acquisitions, Ascense Brands brand portfolio, accounting for approximately 55% of its total revenues including well-established heritage brands, will make it one of the top three brand portfolios in Air Care in the multi-outlet channels in the United States. Working at MVP Candle Factory in Mayfield, KY: Employee - Indeed Jack Harlow name-drops Beshear. At least eight of the casualties from the Dec. 10 tornadoes were in a candle factory in Western Kentucky where 110 people were working before the storm hit. Inside the Kentucky candle factory during the tornado from 2 survivors. The Company designs and manufactures various private label and branded candles, candle accessories, home fragrance products, and. The store is open on the secon MVP Group | Union City TN Join the 520.000+ traders worldwide that chose to trade with Capital.com, Also you can contact us: It's what drives us to search the world for fresh inspiration in creating evocative, long-lasting scents that will help make your house feel like home. It was founded in 1840 by the English immigrant Thomas J Emery. By 1909, her business was thriving. Words such as expect, estimate, project, budget, forecast, anticipate, intend, plan, may, will, could, should, believes, predicts, potential, continue, and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements. 314 Kennedy Ave. Calvert City, KY 42029. GP Global through its Indian subsidiary, Primacy Industries Ltd., brings with it significant market access and a cost competitive manufacturing base in India, said Mr. Ajila. Nine people were confirmed to have died at the Mayfield Consumer Products candle factory, according to the Graves County Coroner. MVP Groups products can be found in every facet of the food service industry, hotels, restaurant, schools, government institutions, churches, pubs and golf courses. GP Global's primary assets are controlling stakes in MVP Group International, Inc. and Primacy Industries Ltd, two leading Air Care solution companies based out of the U.S. and India,. MVP to Expand Colonial Candle Plant - Gifts & Decorative Accessories "Our company is family-owned and our employees, some who have worked with us for many years, are cherished," he continued. MVP GROUP INTERNATIONAL, INC. in Elkin, NC | Company Info & Reviews Company Information Sponsored Links Contact Information Phone Number: (843) 216-8380 Company Contacts JAMES MATTHEW DILLON General Counsel 430 Gentry Road Elkin, NC 28621 SAMUEL A MOORE Chief Financial Officer 430 Gentry Road Elkin, NC 28621 SEAN A PETERS Chief Executive Officer MVP Group's headquarters, along with the Propes family . The SPAC Global Consumer Acquisition (GASQ) intends to merge with GP Global and Luminex Home Dcor and Fragrance. According to Parsons-Perez, inmates from the Graves County Jail were working at the Mayfield Consumer Products candle factory when the building collapsed.