Newly Formed The Sterno Group Acquires Rimports
Sterno Products has recreated its corporate structure, forming a new entity called The Sterno Group, and completed its acquisition of Rimports Inc., a Provo, Utah, manufacturer and distributor of branded and private-label scented wickless candle products.
The Sterno Group is helmed by CEO Don Hinshaw, with three company presidents reporting to him: Sterno Products, led by recently promoted President Craig Carnes; Sterno Home, led by President Michael Pacharis; and Rimports Inc., led by President Alan Farrell.
“This new structure will continue a successful corporate culture across multiple companies while also allowing the individual presidents of these stand-alone companies to lead them to their full growth potential and focused on their specific customer base,” says Hinshaw.
Headquartered in Corona, Calif., The Sterno Group is a subsidiary of Compass Diversified Holdings.