"Waterford Wedgwood plc was a holding entity for a group of companies, headquartered in Ireland, which specialized in the manufacture of high quality china, porcelain, and glass. The group was dominated by Tony O´Reilly and his immediate family, as well as the family of O´Reilly´s second wife, Chryss Goulandris, the two families together having had invested hundreds of millions of euros in it. The group´s financial record was mixed, and significant cost-cutting had been ongoing for many years.
In 2009, parts of the group, including the main Irish and UK operations, were placed in receivership and acquired by KPS Capital Partners, a New York-based private equity firm. Waterford Crystal, along with Wedgwood, Royal Doulton and other brands, were transferred to a new company, WWRD Holdings Limited, an acronym for "Waterford Wedgwood Royal Doulton". In July 2015, it was acquired by Fiskars, a Finnish consumer goods company." - (en.wikipedia.org 06.11.2019)
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