As filed with the Securities and Exchange Commission on April 11, 1997 Registration No. 333- ================================================================================ SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ---------- FORM S-3 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ---------- SYRATECH CORPORATION (Exact name of registrant as specified in its charter) DELAWARE 3914 13-3354944 (State or other jurisdiction of (Primary Standard Industrial (I.R.S. Employer incorporation or organization) Classification Code Number) Identification No.) ---------- 175 McClellan Highway East Boston, MA 02128-9114 Phone: (617) 561-2200 (Address, including zip code, and telephone number, including area code, of registrant's principal executive offices) ---------- E. MERLE RANDOLPH Vice President, Treasurer and Chief Financial Officer Syratech Corporation 175 McClellan Highway East Boston, MA 02128-9114 Phone: (617) 561-2200 (Name, address, including zip code, and telephone number, including area code, of agent for service) ---------- With copies to: JAMES L. PURCELL, ESQ. JAMES WESTRA, ESQ. KIRK A. DAVENPORT, ESQ. Paul, Weiss, Rifkind, Wharton & Garrison Hutchins, Wheeler & Ditmar Latham & Watkins 1285 Avenue of the Americas A Professional Corporation 885 Third Avenue New York, New York 10019-6064 101 Federal Street New York, New York 10022-4802 (212) 373-3000 Boston, Massachusetts 02110 (212) 906-1200 (617) 951-6600 Approximate date of commencement of proposed sale to the public: As soon as practicable after this Registration Statement becomes effective. ---------- If the only securities being registered on this Form are being offered pursuant to dividend or interest reinvestment plans, please check the following box. [ ] If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, other than securities offered only in connection with dividend or interest reinvestment plans, check the following box. [ ] If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. [X] File No. 333-18133 If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. [ ] If delivery of the prospectus is expected to be made pursuant to Rule 434, please check the following box. [ ] CALCULATION OF REGISTRATION FEE ========================================================================================================= Proposed Maximum Proposed Maximum Title of Each Class of Amount to be Offering Price Per Aggregate Offering Amount of Securities to be Registered Registered Note Price(1) Registration Fee - --------------------------------------------------------------------------------------------------------- 11% Senior Notes due 2007 $10,000,000.00 $1,000.00 $10,000,000.00 $3,031 - --------------------------------------------------------------------------------------------------------- Guarantees of 11% Senior Notes due 2007 $10,000,000.00 (2) (2) (2) ========================================================================================================= (1) Estimated solely for the purposes of calculating the registration fee pursuant to Rule 457(c). (2) No additional consideration will be paid by the purchasers of the Senior Notes for the Guarantees. Pursuant to Rule 457(n), no separate fee is payable in respect of the Guarantees. ---------- ================================================================================ TABLE OF ADDITIONAL REGISTRANTS - ------------------------------------------------------------------------------------------------------------------------------------ State or Other Primary Standard I.R.S. Employer Address, Including Zip Code and Jurisdiction of Classification Code Identification Telephone Number, Including Area Name Incorporation Number Number Code of Principal Executive Office - ------------------------------------------------------------------------------------------------------------------------------------ 175 McClellan Highway Syratech Holding East Boston, Massachusetts 02128 Corporation Arkansas 5023 71-0747664 (617)561-2200 - ------------------------------------------------------------------------------------------------------------------------------------ 175 McClellan Highway Wallace International East Boston, Massachusetts 02128 Silversmiths, Inc. Delaware 3914 06-1183605 (617)561-2200 - ------------------------------------------------------------------------------------------------------------------------------------ 175 McClellan Highway East Boston, Massachusetts 02128 Wallace International de P.R., Inc. Delaware 3914 66-0402645 (617)561-2200 - ------------------------------------------------------------------------------------------------------------------------------------ 175 McClellan Highway East Boston, Massachusetts 02128 International Silver Company Delaware 5023 04-3105031 (617)561-2200 - ------------------------------------------------------------------------------------------------------------------------------------ 175 McClellan Highway East Boston, Massachusetts 02128 International Silver de P.R., Inc. Delaware 3545 66-0467204 (617)561-2200 - ------------------------------------------------------------------------------------------------------------------------------------ 175 McClellan Highway East Boston, Massachusetts 02128 PMW Silver de P.R., Inc. Delaware 3356 66-0503108 (617)561-2200 - ------------------------------------------------------------------------------------------------------------------------------------ 175 McClellan Highway East Boston, Massachusetts 02128 Towle Manufacturing Company Delaware 3914 04-3093194 (617)561-2200 - ------------------------------------------------------------------------------------------------------------------------------------ 175 McClellan Highway East Boston, Massachusetts 02128 Rosemar Silver Company, Inc. Delaware 3914 04-3094668 (617)561-2200 - ------------------------------------------------------------------------------------------------------------------------------------ 175 McClellan Highway East Boston, Massachusetts 02128 Towle Holloware, Inc. Delaware 5023 04-3094663 (617)561-2200 - ------------------------------------------------------------------------------------------------------------------------------------ 175 McClellan Highway East Boston, Massachusetts 02128 Farberware Inc. Delaware 5023 13-3880567 (617)561-2200 - ------------------------------------------------------------------------------------------------------------------------------------ 175 McClellan Highway East Boston, Massachusetts 02128 Silvestri, Inc. Delaware 5199 04-3309807 (617)561-2200 - ------------------------------------------------------------------------------------------------------------------------------------ 175 McClellan Highway Silvestri, Inc. of East Boston, Massachusetts 02128 South Carolina South Carolina 6512 57-1046114 (617)561-2200 - ------------------------------------------------------------------------------------------------------------------------------------ 6048 South York Road Gastonia, North Carolina 28052 Rauch Industries, Inc. North Carolina 5199 56-1074945 (704)867-5333 - ------------------------------------------------------------------------------------------------------------------------------------ 6048 South York Road Gastonia, North Carolina 28052 Rochard, Inc. New York 5199 13-2731346 (704)867-5333 - ------------------------------------------------------------------------------------------------------------------------------------ 6048 South York Road Gastonia, North Carolina 28052 Holiday Products, Inc. North Carolina 5199 56-1803414 (704)867-5333 - ------------------------------------------------------------------------------------------------------------------------------------ 6048 South York Road Gastonia, North Carolina 28052 Northstar Sales Corporation North Carolina 6512 56-1678701 (704)867-5333 - ------------------------------------------------------------------------------------------------------------------------------------ 175 McClellan Highway East Boston, Massachusetts 02128 Leonard Florence Associates, Inc. Massachusetts 5023 04-2904074 (617)561-2200 - ------------------------------------------------------------------------------------------------------------------------------------ 4251 Crisfield Highway Crisfield, Maryland 21871 CHI International, Inc. Maryland 3914 52-1930353 (410)968-0503 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------- State or Other Primary Standard I.R.S. Employer Address, Including Zip Code and Jurisdiction of Classification Code Identification Telephone Number, Including Area Name Incorporation Number Number Code of Principal Executive Office - ------------------------------------------------------------------------------------------------------------------------------- 175 McClellan Highway Syratech Security East Boston, Massachusetts 02128 Corporation Massachusetts 4841 04-3270184 (617)561-2200 - ------------------------------------------------------------------------------------------------------------------------------- 175 McClellan Highway Syratech West Coast East Boston, Massachusetts 02128 Warehouse Corp. California 6512 33-0689857 (617)561-2200 - ------------------------------------------------------------------------------------------------------------------------------- 175 McClellan Highway 175 Amlegion Revere Massachusetts East Boston, Massachusetts 02128 Realty Trust Trust 6798 04-6812249 (617)561-2200 - ------------------------------------------------------------------------------------------------------------------------------- 175 McClellan Highway East Boston, Massachusetts 02128 Syratech Silver Sales Corp. Georgia 6512 04-3094665 (617)561-2200 - ------------------------------------------------------------------------------------------------------------------------------- EXPLANATORY NOTE This Registration Statement is being filed pursuant to Rule 462(b) under the Securities Act of 1933, as amended. The contents of the Registration Statement on Form S-3 (Registration No. 333-18133) filed by Syratech Corporation et al. (collectively, the "Company") on December 18, 1996, as amended by Amendment No. 1 to the Registration Statement on Form S-3 filed by the Company on March 18, 1997, which was declared effective on April 10, 1997, are incorporated by reference. SIGNATURES Pursuant to the requirements of the Securities Act of 1933, the Company certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-3 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Boston, State of Massachusetts, on the 10th day of April, 1997. SYRATECH CORPORATION By: /s/ LEONARD FLORENCE ------------------------------------ Leonard Florence Chairman of the Board, Chief Executive Officer and President Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated below. Signature Title Date - ---------------------------- -------------------------------------- ---------------- /s/ LEONARD FLORENCE Chairman of the Board, Chief April 10, 1997 - ------------------------- Executive Officer and President Leonard Florence (Principal Executive Officer) /s/ E. MERLE RANDOLPH Vice President, Chief Financial April 10, 1997 - ------------------------- Officer, Treasurer and Director E. Merle Randolph (Principal Financial and Accounting Officer) /s/ Irwin Chafetz Director April 10, 1997 - ------------------------- Irwin Chafetz /s/ Frederick H. Chicos Director April 10, 1997 - ------------------------- Frederick H. Chicos /s/ Harold Cohen Director April 10, 1997 - ------------------------- Harold Cohen /s/ Jerry R. Jacob Director April 10, 1997 - ------------------------- Jerry R. Jacob /s/ Melvin L. Levine Director April 10, 1997 - ------------------------- Melvin L. Levine /s/ Alan Perlman Director April 10, 1997 - ------------------------- Alan Perlman /s/ Harold Roitenberg Director April 10, 1997 ------------------------- Harold Roitenberg /s/ Jacob Saliba Director April 10, 1997 ------------------------- Jacob Saliba II-1 SIGNATURES Pursuant to the requirements of the Securities Act of 1933, the Guarantors have duly caused this Registration Statement to be signed on their behalf by the undersigned, thereunto duly authorized in the City of Boston, State of Massachusetts, on the 10th day of April, 1997. CHI INTERNATIONAL, INC. FARBERWARE INC. INTERNATIONAL SILVER COMPANY INTERNATIONAL SILVER DE P.R., INC. LEONARD FLORENCE ASSOCIATES, INC. PMW SILVER DE P.R., INC. ROSEMAR SILVER COMPANY, INC. SILVESTRI, INC. SILVESTRI, INC. OF SOUTH CAROLINA SYRATECH SECURITY CORPORATION SYRATECH SILVER SALES CORP. TOWLE HOLLOWARE, INC. TOWLE MANUFACTURING COMPANY WALLACE INTERNATIONAL SILVERSMITHS, INC. WALLACE INTERNATIONAL DE P.R., INC. By: /s/ LEONARD FLORENCE ------------------------------------ Leonard Florence President and Sole Director HOLIDAY PRODUCTS, INC. By: /s/ ROGER S. SILVERSTEIN ------------------------------------ Roger S. Silverstein President and Director By: /s/ LEONARD FLORENCE ------------------------------------ Leonard Florence Director By: /s/ MARSHALL A. RAUCH ------------------------------------ Marshall A. Rauch Director By: /s/ DONALD G. WALSER ------------------------------------ Donald G. Walser Director II-2 SYRATECH WEST COAST WAREHOUSE CORP. By: /s/ LEONARD FLORENCE ------------------------------------ Leonard Florence President and Director By: /s/ FAYE A. FLORENCE ------------------------------------ Faye A. Florence Director By: /s/ E. MERLE RANDOLPH ------------------------------------ E. Merle Randolph President and Director SYRATECH HOLDING CORPORATION By: /s/ RICHARD FREIMAN ------------------------------------ Richard Freiman President and Sole Director RAUCH INDUSTRIES, INC. By: /s/ LEONARD FLORENCE ------------------------------------ Leonard Florence President and Director By: /s/ E. MERLE RANDOLPH ------------------------------------ E. Merle Randolph Director By: /s/ FAYE A. FLORENCE ------------------------------------ Faye A. Florence Director II-3 175 AMLEGION REVERE REALTY TRUST By: /s/ LEONARD FLORENCE ------------------------------------ Leonard Florence President and Trustee By: /s/ FAYE A. FLORENCE ------------------------------------ Faye A. Florence Trustee By: /s/ E. MERLE RANDOLPH ------------------------------------ E. Merle Randolph Trustee ROCHARD, INC. By: /s/ RICHARD SONKING ------------------------------------ Richard Sonking President and Director By: /s/ LEONARD FLORENCE ------------------------------------ Leonard Florence Director NORTHSTAR SALES CORPORATION By: /s/ LEONARD FLORENCE ------------------------------------ Leonard Florence President and Director By: /s/ MARSHALL A. RAUCH ------------------------------------ Marshall A. Rauch Director By: /s/ DONALD G. WALSER ------------------------------------ Donald G. Walser Director II-4 EXHIBIT INDEX Pagination by Exhibit Exhibit sequential Number Description numbering - --------- ------------------------------------------------------------------------------------------ ------------- (a) Exhibits 1.1 Form of Underwriting Agreement. Incorporated by reference from Exhibit 1.1 to Form S-3 Registration Statement No. 333-18133 2.1 Restated Agreement and Plan of Merger dated November 27, 1996, effective as of October 23, 1996 between Syratech and THL Transaction I Corp. and the Amendment, dated February 14, 1997 to the Restated Agreement and Plan of Merger (Incorporated by reference from Exhibit 2.1 to Form S-4 Registration Statement No. 333-16917) 3.1 Restated Certificate of Incorporation of Syratech. Incorporated by reference from Exhibit 3.1 to Form S-1 Registration Statement No. 33-41619. 3.2 Syratech Corporation Certificate of Designations in respect of Series A Preferred Stock dated October 26, 1992. Incorporated by reference from Exhibit 3.2 to Form S-4 Registration Statement No. 333-16917. 3.3 Bylaws of Syratech. Incorporated by reference from Exhibit 3.2 to Form S-1 Registration Statement No. 33-41619. 3.4 Amendment to Section 2.9 of the Bylaws of Syratech, effective August 15, 1991. Incorporated by reference from Exhibit 3.3 to Form S-1 Registration Statement No. 33-41619. 3.5 Certificate of Ownership and Merger of WSC Liquidating, Inc. by and into Syratech Corporation dated May 9, 1996. Incorporated by reference from Exhibit 3.5 to Form S-4 Registration Statement No. 333-16917. 4.1 Form of Indenture dated as of April, 1997 between Syratech Corporation as Issuer and State Street Bank and Trust Company, as Trustee. Incorporated by reference from Exhibit 4.1 to Form S-3 Registration Statement No. 333-18133. 5.1 Opinion of Paul, Weiss, Rifkind, Wharton & Garrison (filed herewith). 10.1 Form of Amended and Restated Employment Agreement dated as of April , 1997 between Leonard Florence and the Company. (Incorporated by reference from Exhibit 2.1 to Form S-4 Registration Statement No. 333-16917) 10.2 Employment Agreement dated August 16, 1991 between E. Merle Randolph and the Company. Incorporated by reference from Exhibit 10.17 to Form S-1 Registration Statement No. 33-41619. 10.3 Employment Agreement dated August 16, 1991, between Melvin L. Levine and the Company. Incorporated by reference from Exhibit 10.18 to Form S-1 Registration Statement No. 33-41619. 10.4 Employment Agreement dated August 16, 1991 between Alan R. Kanter and the Company. Incorporated by reference from Exhibit 10 to Form S-1 Registration Statement No. 33-41619. 10.5 Amendment No. 1 dated as of July 27, 1996 to Employment Agreement dated as of August 16, 1991 between E. Merle Randolph and Company. Incorporated by reference from Exhibit 10.5 to Form S-4 Registration Statement No. 333-16917. 10.6 Amendment No. 1 dated as of May 11, 1995 to Employment Agreement dated as of August 16, 1991 between Melvin L. Levine and the Company. Incorporated by reference from Exhibit 10.8 to Form 10-K for Syratech for the year ended December 31, 1995. 10.7 Amendment No. 1 dated as of July 27, 1996 to Employment Agreement dated as of August 16, 1991 between Alan R. Kanter and the Company. Incorporated by reference from Exhibit 10.7 to Form S-4 Registration Statement No. 333-16917. Pagination by Exhibit Exhibit sequential Number Description numbering - --------- -------------------------------------------------------------------------------------- ------------- 10.8 Retirement Benefit Agreement dated as of July 27, 1996 between Faye A. Florence and the Company. Incorporated by reference from Exhibit 10.8 to Form S-4 Registration Statement No. 333-16917. 10.9 Amendment No. 2, dated as of January 31, 1997, effective as of December 31, 1996, to Employment Agreement dated as of August 16, 1991 between E. Merle Randolph and the Company. Incorporated by reference to Exhibit 10.9 to Form S-4 Registration Statement No. 333-16917. 10.10 Amendment No. 2, dated as of January 31, 1997, effective as of December 31, 1996, to Employment Agreement dated as of August 16, 1991 between Melvin L. Levine and the Company. Incorporated by reference to Exhibit 10.10 to Form S-4 Registration Statement No. 333-16917. 10.11 Amendment No. 2 dated January 31, 1997 effective as of December 31, 1996, to Employment Agreement dated as of August 16, 1991 between Alan R. Kanter and the Company. Incorporated by reference to Exhibit 10.11 to Form S-4 Registration Statement No. 333-16917. 10.12 Agreement dated December 31, 1996 by and between the Company, THL I Transaction Corp., Leonard Florence and Melvin L. Levine. Incorporated by reference to Exhibit 10.12 to Form S-4 Registration Statement No. 333-16917. 10.13 Agreement dated December 31, 1996 by and between the Company, THL I Transaction Corp., Leonard Florence and E. Merle Randolph. Incorporated by reference to Exhibit 10.13 to Form S-4 Registration Statement No. 333-16917. 10.14 Agreement dated December 31, 1996 by and between the Company, THL I Transaction Corp., Leonard Florence and Alan R. Kanter. Incorporated by reference to Exhibit 10.14 to Form S-4 Registration Statement No. 333-16917. 10.15 Asset Purchase Agreement dated February 2, 1996 by and between Farberware Inc., the Company, Lifetime Hoan Corporation and Far-B Acquisition Corp., Inc. Incorporated by reference from Exhibit 1 to Form 8-K dated April 16, 1996. 10.16 Settlement Agreement dated February 3, 1997 by and among Bruckner Manufacturing Corp. (formerly Farberware Inc.), U.S. Industries, Inc., Farberware Inc. (formerly Far-B Acquisition Corp.) and Lifetime Hoan Corporation. Incorporated by reference to Exhibit 10.16 to Form S-4 Registration Statement No. 333-16917. 10.17 Agreement dated as of December 7, 1995 among the Company, SYR Acquisition Inc. and Rauch Industries, Inc. Incorporated by reference from Exhibit 1 to Form 8-K of the Company dated December 7, 1995. 10.18 Amended and Restated Line of Credit Agreement among Wallace International de Puerto Rico, Inc., International Silver de Puerto Rico, Inc. and Banco Popular de Puerto Rico dated October 15, 1996. Incorporated by reference to Exhibit 10.18 to Form S-4 Registration Statement No. 333-16917. 10.19 Agreement, dated as of February 2, 1996, by and among the Company, Lifetime Hoan Corporation and Far-B Acquisition Corp. Incorporated by reference to Exhibit 10.19 to Form S-4 Registration Statement No. 333-16917. 10.20 Agreement, dated as of May 3, 1996, by and among the Company, Farberware Inc. and Meyer Manufacturing Co. Ltd. Incorporated by reference to Exhibit 10.20 to Form S-4 Registration Statement No. 333-16917. Pagination by Exhibit Exhibit sequential Number Description numbering - --------- ---------------------------------------------------------------------------------------- ------------- 10.21 License Agreement, dated as of July 12, 1996 by and between Farberware Inc. and Service Merchandise Company, Inc. (redacted to omit certain royalty information). 10.22 Agreement, dated as of October 16, 1996, among Farberware Inc., Service Merchandise Company, Inc. and Windmere-Durable Holdings, Inc. (amending Item 10.21). Incorporated by reference to Exhibit 10.22 to Form S-4 Registration Statement No. 333-16917. 12.1 Schedule Regarding Computation of Ratio of Earnings to Fixed Charges. Incorporated by reference to Exhibit 12.1 to Form S-3 Registration Statement No. 333-18133. 23.1 Consent of Paul, Weiss, Rifkind, Wharton & Garrison (included in the opinion filed as Exhibit 5.1) 23.2 Consent of Deloitte & Touche LLP (filed herewith) 23.3 Consent of Coopers & Lybrand L.L.P. (filed herewith) 25.1 Statement on Form T-1 of the eligibility of the Trustee. Incorporated by reference to Exhibit 25.1 to Form S-3 Registration Statement No. 333-18133.