Drinkware Maker Tervis Buys Competitor Symglass, Plans to Consolidate Production in Florida
BRADENTON, Fla. -- Tervis, a drinkware company founded in 1946 and now owned by Tervis LLC, has acquired Symglass, a Nashville-based drinkware company.
The Symglass portfolio of products includes a stemless wine glass, beer pint glass, champagne glass and various other drinkware options for indoor and outdoor occasions that are unbreakable, crack-proof and chip-resistant.
The Symglass product line will be integrated into the Tervis portfolio and repositioned as Symglass by Tervis.
Over time, TMF Plastics, the current manufacturer for Tervis LLC products, will also take on production of the Symglass product out of its Bradenton, Florida plant. Tervis and Symglass are both produced using Tritan USA material that is constructed from FDA-approved materials and are completely BPA-free.
In continuing to create drinkware designed to enhance the drinking experience, Tervis plans to add designs to Symglass products in the future, as well as introduce popular licensed products.
Tervis successfully exited Chapter 11 bankruptcy in February 2025 with all litigation dismissed and debt resolved. The reorganization took a little more than five months and the company shifted its focus to at-home products instead of on-the-go products.
Tervis had some $32.8 million in debt when it filed for Chapter 11. According to the Tampa Bay Business Journal, the Donelly family, principal owners, put up a $5.5 million loan to fund the reorganization. The loan was on top of the $18.9 million the family used to keep Tervis afloat during the four years prior to bankruptcy.
Tervis also agreed to pay TMF Plastics some $10 million to settle a lawsuit filed by the manufacturer, as well as $1.26 million to SIC Products LLC and Packsize LLC for unsecured claims.
Tervis said it will refocus on at-home versus on-the-go products and launch a new dinnerware category through a sub-brand, TervisHome, which will include dinner plates and bowls.
Last year, Roger Parsons was appointed as president and chief revenue officer of Tervis. He currently oversees all aspects of the company’s commercial consumer business strategy, including wholesale, e-commerce and direct-to-consumer (DTC) business.
