- April 8, 2026
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Local drinkware manufacturer Tervis has acquired Symglass, a Nashville company that makes cups for a variety of alcohol and other beverages. Financial terms of the acquisition were not disclosed.
Tervis makes tumblers, water bottles and dinnerware. It had been based in Sarasota County, but its new headquarters is at 4514 19th Street Court E. in Bradenton. An investor group under the entity Tervis LLC acquired Tervis from the Donelly family last year.
Moving forward, products from Symglass — with a portfolio including durable stemless wine, pint, rocks and champagne glasses — will be repositioned as “Symglass by Tervis," according to a statement.
TMF Plastic Solutions Group, which manufactures Tervis products at its plant at 4690 19th Street Court E. in Bradenton, will eventually take over production of the Symglass line. In the future, Tervis also plans to add designs and introduce popular licensed products to its Symglass collection.
“This acquisition represents a strategic step forward in our growth journey, expanding our market footprint and strengthening our ability to serve customers in new ways,” Tervis President and Chief Revenue Officer Roger Parsons says in a statement. “We’re creating new opportunities to reach broader audiences while continuing to innovate and elevate the drinkware experience for consumers.”
The acquisition marks the first expansion for Tervis under the leadership of Parsons. He was appointed in August 2025, weeks after a group of investors purchased the drinkware company from the Donelly family, which had owned the business for more than 70 years. The changes followed a period of financial restructuring. Tervis filed for Chapter 11 bankruptcy in September 2024, citing ongoing litigation and industry shifts as factors, before exiting bankruptcy in February 2025.
"In regard to future acquisitions, we are constantly evaluating opportunities to expand our market footprint," Tervis officials say in an email.
Another recent milestone for the company is Tervis has been named a licensed partner of America250, the campaign to celebrate the nation’s 250th anniversary of the signing of the Declaration of Independence on July 4. As part of this initiative, Tervis has secured products in more than 1,700 major retail stores that will launch before Memorial Day. According to the statement, the company has also undergone new business development and channel expansion.
