Global Consumer Acquisition Corp. To Become a Public Company Listed on NASDAQ Under the Name Ascense Brands Inc. Marietta, GA, Dec. 13, 2021 (GLOBE NEWSWIRE) -- viaNewMediaWire --Global Consumer Acquisition Corp. (GACQ) (NASDAQ: GACQ, GACQU, GACQW), a publicly-traded special purpose acquisition company, today announced that it has entered into business combination agreements with GP Global Limited (GP Global) and Luminex Home Decor & Fragrance Holding Corporation (Luminex), industry leaders in branded, licensed and private label solutions in the Air Care and Personal Care sectors. "Our Mayfield, Kentucky facility was destroyed December 10, 2021, by a tornado, and tragically employees were killed and injured," he wrote. In 2008, citing a weak economy and flagging post-Christmas demand, Mayfield Consumer Products laid off 91 workers at the Mayfield candle factory at the time, 42 percent of its total workforce. Wholesale Candle and Soap Supplies With Low Prices. Mayfield Consumer Products is a Kentucky-based, family-owned designer and manufacturer of branded candles and home fragrance products. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. 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 The difference between trading assets and CFDs. 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. All rights reserved. Important Information About the Proposed Business Combination and Where to Find It. When asked what the company planned to do with the increased capacity, Troy Propes, president of MVP Group International, told Gifts & Decorative Accessories, "Our core competency is candles. var postSlot0 = googletag.defineSlot("13051489/GiftsandDec", [1, 1], "div-gpt-ad-singpost-9997770808178-0").addService(googletag.pubads()).setTargeting("SCmodule",134435); A list of the names of such directors and executive officers and information regarding their interests in the proposed business combination will be included in the proxy statement for the proposed business combination. GACQs stockholders and other interested persons are advised to read, when available, the preliminary proxy statement and the amendments thereto and the definitive proxy statement and documents incorporated by reference therein filed in connection with the proposed business combination, as these materials will contain important information about GACQ, GP Global, Luminex, and the proposed business combination. Choose taper candles of your favorite colors to match your decor. This press release includes forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Rate your recent company. The afternoon shift began at 5 p.m. Mandatory overtime will be required frequently, either by extending your shift or working on Friday, the company told potential job applicants. Inside the MCP factory from 2 survivors accounts. The Paducah Sun reported in July the two groups were finalizing an agreement for 10 state inmates to work at the candle factory and be paid for it, though the jail would not disclose to the newspaper how much the inmates would be paid. The acquisitions have been unanimously approved by the board of directors of GACQ, GP Global, Luminex and are expected to close in early 2022, subject to regulatory and stockholder approvals and other customary closing conditions. According to a July 2018 press release, the company was. The combined entity has a forecast 2022 revenue of approximately $553m. Receive a one-time comprehensive credit report on this company. 3 Global Paraffin Wax Candles Competition Landscape by Players 3.1 Global Top Players by Sales (2018-2023) 3.2 Global Top Players by Revenue (2018-2023) 3.3 Global Market Share by Company Type . In 1973, the companion company called PartyLite was formed to empower women who aspired to earn their own money. Western Kentucky native Mary V. Propes, now 69, decades ago founded MVP Group International. Now, the factory owners face more problems, with investigations of the plant and a lawsuit filed by workers who say the managers failed to handle the storm response appropriately. KY tornado recovery continues. 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 has candle, air freshener, fashion and accessory brands through its Elkin, N.C.-based MVP Group International unit and another subsidiary in India. Were grateful to the first responders who heroically assisted our employees following the storm. One of the companies involved in the SPAC merger - GP Global's MVP Group - currently counts Colonial Candle among its customers. Primacy Industries, founded in 2005, operates manufacturing plants in the Indian port cities of Mangalore and Gujarat. Contact Ben Tobin at bjtobin@gannett.comand502-377-5675 or follow on Twitter @Ben__Tobin. Specificallyof that post, the factory that collapsed at112 IndustrialDrive Friday evening was set to receive a $2.77 million investment to expand, according to a news release from the time. Get reviews, hours, directions, coupons and more for Mvp at 430 Gentry Rd, Elkin, NC 28621. Full-Time Candle Production Positions at Mayfield 363 total shipments. How did they rate and more answers. MVP Group's headquarters, along with the Propes family . In the near future we are going to be launching a complete new line of candles, while still holding on to the tradition of Colonial Candle. Information about GACQs directors and executive officers and their ownership of GACQ common stock is set forth in GACQs prospectus, dated June 8, 2021, as modified or supplemented by any Form 3 or Form 4 filed with the SEC since the date of such filing. 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. The value of shares and ETFs bought through a share dealing account can fall as well as rise, which could mean getting back less than you originally put in. Hernandez said he was fired for being overweight after the companys chief financial officer sent out a text message stating: We are working diligently to clean up the epileptic, obese, pregnant, and special needs issues[.]. GP Global owns a controlling interest in two private-label manufacturers North Carolina-based MVP Group International and Primacy Industries of India. }); Thousands of brands in the gift, home, furniture, toy, and a[]. 8. -Harry & David(R) Candle Collection - Available at many fine retailers across the country. Our products are currently being used in Subway restaurants worldwide, Burger King, as well as Marriott and Best Western Hotels to name a few. Company having money issues and therefore cutting back employment. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Primacy Industries also has a strong, emerging personal care segment. The Propes family announced in 2018 that it had divested its interest in MVP Group International while retaining family ownership of Mayfield Consumer Products. 84% of retail investor accounts lose money when trading CFDs with this provider. 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 (90 orders) US NONWOVENS CORPORATION (77 orders) OLD WILLIAMSBURGH CANDLE CORP (62 orders) ARDEX COSMETICS OF AMERICA (46 orders) EMPIRE CANDLE LLC (38 orders) 4.6 / 5. Tall and elegant, our traditional taper candles will add beauty and sophistication to all homes. One major company that carries candles made from Mayfield Consumer Products is Bath and Body Works, the company confirmed to The Courier Journal Sunday morning. In a joint press release, the companies estimated the enterprise value of the combined entity will be $507.1m (374m). The size of the potential loss is limited to the funds held by us for and on your behalf, in relation to your trading account. Emery went door-to-door peddling candles and various other household items that he made in his small workshop. All of us at Bath & Body Works are keeping the people of Mayfield in our thoughts during this unimaginable tragedy., The company said in a further statement it "will bemaking donations to theAmerican Red Cross, theCommunity Foundation of West Kentucky CFWK Disaster Relief Fundand theTeam Western Kentucky Tornado Relief Fundand are working on additional direct support for MCP associates.". Stockholders will also be able to obtain copies of the preliminary proxy statement, the definitive proxy statement, and other relevant materials filed with the SEC that will be incorporated by reference therein, without charge, once available, at the SECs website atwww.sec.govor by emailingIR@globalconsumercorp.com. It's 227 miles southwestof Louisville and 134 miles northwest of Nashville. Wholesale Colonial Candle Shop Spring Tapers Tall and elegant, our traditional taper candles will add beauty and sophistication to all homes. CLAIM THIS BUSINESS 1031 LEGRAND BLVD CHARLESTON, SC 29492 Get Directions (843) 216-8380 www.mvpgroupint.com Business Info Founded 1998 Incorporated KY Annual Revenue $67,100,000.00 Employee Count 900 Industries Candles Contacts Mary V Propes Contact Business Message Send Message Company Summary Company reviews. 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,. GACQ cautions that the foregoing list of factors is not exhaustive. Everyone was aware of bad weather. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. Brands include Colonial. Dun & Bradstreet, Inc. 2023. Reviews from MVP Candle Factory employees about MVP Candle Factory culture, salaries, benefits, work-life balance, management, job security, and more. Candle and Soap Making Kits, The Easiest Way to Start! MVP Group International is a family owned candle manufacturer located in Mayfield, Kentucky. A list of the names of those directors and executive officers and a description of their interests in GACQ will be included in the proxy statement for the proposed business combination and be available, without charge, at www.sec.gov. Use the training services of our company to understand the risks before you start operations. The SPAC Global Consumer Acquisition (GASQ) intends to merge with GP Global and Luminex Home Dcor and Fragrance. Brand Debuts, New Showcases Make Atlanta the Cant Miss Mark []. In this blog post, we've collected some catchy and unique candle company names you can use to get started. According to theOccupational Safety and Health Administration's website,Mayfield Consumer Products had 12 workplace violations at its112 Industrial Drive plant issued on Sept. 4, 2019. Y his is only for temporary employee's. So my advice is if you can't be hired straight into MVP don't waist your time. The description of the transactions contained herein is only a summary and is qualified in its entirety by reference to the business combination agreements relating to the transactions, copies of which will be filed by GACQ with the SEC as exhibits to a Current Report on Form 8-K. GP Globals 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, respectively. The Courier Journal was confirming the factory-made candles for other businesses as well. The Mayfield candle factory in Kentucky was the focal point of destruction in a town annihilated by the massive twister, which cut a deadly swath through multiple states, killing, the governor. MVP Group International, Inc. is a company based on rich heritage, family roots and strong values. ", Another worker in the facility Friday night was Chelsea Logue, who said there was a "really big boom and the building lifted up, swayed and crashed down.". John Cheves is a government accountability reporter at the Lexington Herald-Leader. GACQ Co-Chairman & CEO Rohan Ajila said, Our aim is to grow Ascense Brands Air Care Platform into a billion-dollar business within the next three years, focusing on growing our brands and private label segments as well as leveraging value added acquisitions across the globe including Asia & India. The "MCP Candles Tornado Victims' Fund," can be found atpaypal.com/paypalme/MCPTornadoVictimFund. It's Mayfield Consumer Products on the town's west edge near Interstate 69. "The project received an $86,000 grant from the One North Carolina Fund, a state fund designed to create new jobs, and which requires local matches. Other information regarding the interests of the participants in the proxy solicitation will be included in the proxy statement pertaining to the proposed business combination when it becomes available. Heres how. googletag.pubads().enableSingleRequest(); Global Consumer Acquisition Corp. Mayfield Consumer Products has been a great employer and strong corporate citizen for the past 20 years, and we are grateful for the companys decision to continue expanding here in Kentucky, then-Kentucky Gov. Live updates: Recovery from Kentucky tornadoes is going to be a very long process, A demand for workers, $8 hourly wage: What we know about the Mayfield candle factory. 2023 Capital Com SV Investments Limited. Candles that embody the fine art of hospitality. "I was trapped under a wall … by the grace of God I got out of there," Logue said. Its a reflection of the dedicated employees that continue to surpass our customers expectations.". Gov. CDC advises those at high risk for COVID mask up in these 3 KY counties. 314 Kennedy Ave. Calvert City, KY 42029. A Graves County Jail spokesperson confirmed to WFPL Saturday evening that seven inmates from the jail were working at the candle factory, and they're all accounted for and alive. Cape Cod schoolteacher started candle company, Read more:EV charging stations have miles to go in US. Reviews from MVP Candle Factory employees about MVP Candle Factory culture, salaries, benefits, work-life balance, management, job security, and more. Make the highest quality candles and soaps for the best price! 96.7% verified reorders. -Carolina Candles 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. Privacy Policy and It added: "We are also making donations to tornado relief efforts through the American Red Cross and local Kentucky agencies. The company will change its name. 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