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  <TITLE> Enesco Group, Inc. (Form: 8-K) </TITLE>
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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	January 21, 2007
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  	Enesco Group, Inc.
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	Illinois
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  	001-09267
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  	04-1864170
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  _____________________<BR>
  	(State or other jurisdiction
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  _____________<BR>
  	(Commission
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  ______________<BR>
  	(I.R.S. Employer
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	&nbsp;&nbsp;
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  	225 Windsor Drive, Itasca, Illinois
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  	&nbsp;
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  	60143
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  _________________________________<BR>
  	(Address of principal executive offices)
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  	&nbsp;
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  ___________<BR>
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  	Registrant&#146;s telephone number, including area code:
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  	&nbsp;
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  	630-875-5300
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  	&nbsp;
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  <!-- CoverPageRegistrant END --><P><FONT SIZE="2">
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:</FONT>
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  <P><FONT SIZE="2">
  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  <B>
  	Item 1.01 Entry into a Material Definitive Agreement.
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  As of January 21, 2007, Enesco Group, Inc. (the "Company") entered into an Asset Purchase Agreement (the "Agreement"), among the Company, certain subsidiaries of the Company named therein, and EGI Acquisition, LLC, a Delaware limited liability company  ("Purchaser") and an affiliate of Tinicum Capital Partners II, L.P.  Pursuant to the Agreement, the Company and its subsidiaries agreed to sell substantially all of their assets to Purchaser, and the Purchaser agreed to purchase such assets and assume certain liabilities of the Company and its subsidiaries.  Additional disclosure concerning the Agreement is contained in the Company's press release attached as Exhibit 99.1 and incorporated by reference herein.<br> <br>On January 23, 2007, the Company entered into a Debtor-in-Possession Credit Agreement (the "DIP Credit Agreement"), dated as of January 23, 2007, among the Company, the lenders identified on the signature pages thereof (the "Lenders"), Wells Fargo Foothill, Inc., as the arranger and administrative agent for the Lenders ("Agent"), Enesco International Ltd., a subsidiary of the Company ("EI Borrower"), and Gregg Manufacturing, Inc., a subsidiary of the Company ("Gregg Borrower" and together with the Company and EI Borrower, the "Borrowers").  Pursuant to the DIP Credit Agreement, the Lenders have agreed to provide a $65 million secured revolving credit facility to Borrowers in order to fund the continued operation of each Borrower's business as debtor and debtor-in-possession under the United States Bankruptcy Code and to satisfy and extinguish in full the Company's obligations under its existing secured credit facility.<br><br>This foregoing descriptions of the Agreement and the DIP Credit Agreement do not purport to be complete and are qualified in their entirety by the terms and conditions of the Agreement and the DIP Credit Agreement, copies of which are filed as Exhibits 10.1 and 10.2, respectively, to this Current Report on Form 8-K.<br><br>
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  	Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
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  The disclosure in Item 1.01 hereof regarding the DIP Credit Agreement is incorporated herein by reference.
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  	Item 8.01 Other Events.
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  On January 23, 2007, Enesco Group, Inc. announced definitive asset sale and Debtor-In-Possession financing agreements with Tinicum Capital Partners II, L.P. and Wells Fargo Foothill, respectively.  <br><br>The press release announcing the definitive asset sale and financing agreements is attached as Exhibit 99.1.   A copy of the bankruptcy court order establishing, among other things, certain procedures governing the Company&#x2019;s sale process is attached as Exhibit 99.2, and the bankruptcy court notice providing notice of the Company&#x2019;s sale and auction process is attached as Exhibit 99.3.<br>
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  	Item 9.01 Financial Statements and Exhibits.
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  (d) Exhibits<br><br>10.1  Asset Purchase Agreement, dated as January 21, 2007.<br><br>10.2  DIP Credit Agreement, dated as of January 23, 2007.<br><br>99.1	Press Release, dated January 23, 2007, announcing definitive asset sale and financing agreements with Tinicum Capital Partners II, L.P. and Wells Fargo Foothill, respectively.<br><br>99.2	Bankruptcy Court Order, dated January 22, 2007, establishing certain procedures governing the Company's sale process.<br><br>99.3    Bankruptcy Court Notice, dated January 22, 2007, providing notice of the Company's sale and auction process.<br> <br><br>
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  	SIGNATURES
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  	Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
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  	Enesco Group, Inc.
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  	&nbsp;&nbsp;
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  <I>
  	January 25, 2007
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  	&nbsp;
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  <I>
  	By:
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  <I>
  	/s/ Marie Meisenbach Graul
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  <I>
  	Name: Marie Meisenbach Graul
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  	&nbsp;
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  <I>
  	Title: Executive Vice President and Chief Financial Officer
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  	Exhibit&nbsp;Index
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  	Exhibit No.
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  	Description
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  	10.1
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  Asset Purchase Agreement, dated as January 21, 2007.
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  	10.2
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  DIP Credit Agreement, dated as of January 23, 2007.
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  	99.1
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  	&nbsp;
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  <FONT SIZE="2">
  Press Release, dated January 23, 2007, announcing definitive asset sale and financing agreements with Tinicum Capital Partners II, L.P. and Wells Fargo Foothill, respectively.
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  	99.2
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  	&nbsp;
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  Bankruptcy Court Order, dated January 22, 2007, establishing certain procedures governing the Company&#x2019;s sale process.
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  	99.3
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  	&nbsp;
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  Bankruptcy Court Notice, dated January 22, 2007, providing notice of the Company's sale and auction process.
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_17787.htm", "description": "LIVE FILING", "secsgml_size_bytes": 14914}]
metadata_filer: {"company-data": {"conformed-name": "ENESCO GROUP INC", "cik": "0000093542", "assigned-sic": "5190", "irs-number": "041864170", "state-of-incorporation": "IL", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-09267", "film-number": "07553854"}, "business-address": {"street1": "225 WINDSOR DR.", "city": "ITASCA", "state": "IL", "zip": "60143", "phone": "6308755300"}, "mail-address": {"street1": "225 WINDSOR DR.", "city": "ITASCA", "state": "IL", "zip": "60143"}, "former-company": [{"former-conformed-name": "STANHOME INC", "date-changed": "19920703"}, {"former-conformed-name": "STANLEY HOME PRODUCTS INC", "date-changed": "19820513"}]}
text: Enesco Group, Inc. (Form: 8-K)
  UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  WASHINGTON, D.C. 20549
  FORM 8-K
  CURRENT REPORT
  Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  Date of Report (Date of Earliest Event Reported):
  January 21, 2007
  Enesco Group, Inc.
  __________________________________________
  (Exact name of registrant as specified in its charter)
  Illinois
  001-09267
  04-1864170
  _____________________
  (State or other jurisdiction
  _____________
  (Commission
  ______________
  (I.R.S. Employer
  of incorporation)
  File Number)
  Identification No.)
  225 Windsor Drive, Itasca, Illinois
  60143
  _________________________________
  (Address of principal executive offices)
  ___________
  (Zip Code)
  Registrant's telephone number, including area code:
  630-875-5300
  Not Applicable
  ______________________________________________
  Former name or former address, if changed since last report
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:
  [  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  [  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  [  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  [  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
  Top of the Form
  Item 1.01 Entry into a Material Definitive Agreement.
  As of January 21, 2007, Enesco Group, Inc. (the "Company") entered into an Asset Purchase Agreement (the "Agreement"), among the Company, certain subsidiaries of the Company named therein, and EGI Acquisition, LLC, a Delaware limited liability company  ("Purchaser") and an affiliate of Tinicum Capital Partners II, L.P.  Pursuant to the Agreement, the Company and its subsidiaries agreed to sell substantially all of their assets to Purchaser, and the Purchaser agreed to purchase such assets and assume certain liabilities of the Company and its subsidiaries.  Additional disclosure concerning the Agreement is contained in the Company's press release attached as Exhibit 99.1 and incorporated by reference herein.
  On January 23, 2007, the Company entered into a Debtor-in-Possession Credit Agreement (the "DIP Credit Agreement"), dated as of January 23, 2007, among the Company, the lenders identified on the signature pages thereof (the "Lenders"), Wells Fargo Foothill, Inc., as the arranger and administrative agent for the Lenders ("Agent"), Enesco International Ltd., a subsidiary of the Company ("EI Borrower"), and Gregg Manufacturing, Inc., a subsidiary of the Company ("Gregg Borrower" and together with the Company and EI Borrower, the "Borrowers").  Pursuant to the DIP Credit Agreement, the Lenders have agreed to provide a $65 million secured revolving credit facility to Borrowers in order to fund the continued operation of each Borrower's business as debtor and debtor-in-possession under the United States Bankruptcy Code and to satisfy and extinguish in full the Company's obligations under its existing secured credit facility.
  This foregoing descriptions of the Agreement and the DIP Credit Agreement do not purport to be complete and are qualified in their entirety by the terms and conditions of the Agreement and the DIP Credit Agreement, copies of which are filed as Exhibits 10.1 and 10.2, respectively, to this Current Report on Form 8-K.
  Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
  The disclosure in Item 1.01 hereof regarding the DIP Credit Agreement is incorporated herein by reference.
  Item 8.01 Other Events.
  On January 23, 2007, Enesco Group, Inc. announced definitive asset sale and Debtor-In-Possession financing agreements with Tinicum Capital Partners II, L.P. and Wells Fargo Foothill, respectively.
  The press release announcing the definitive asset sale and financing agreements is attached as Exhibit 99.1.   A copy of the bankruptcy court order establishing, among other things, certain procedures governing the Company's sale process is attached as Exhibit 99.2, and the bankruptcy court notice providing notice of the Company's sale and auction process is attached as Exhibit 99.3.
  Item 9.01 Financial Statements and Exhibits.
  (d) Exhibits
  10.1  Asset Purchase Agreement, dated as January 21, 2007.
  10.2  DIP Credit Agreement, dated as of January 23, 2007.
  99.1	Press Release, dated January 23, 2007, announcing definitive asset sale and financing agreements with Tinicum Capital Partners II, L.P. and Wells Fargo Foothill, respectively.
  99.2	Bankruptcy Court Order, dated January 22, 2007, establishing certain procedures governing the Company's sale process.
  99.3    Bankruptcy Court Notice, dated January 22, 2007, providing notice of the Company's sale and auction process.
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  SIGNATURES
  Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
  Enesco Group, Inc.
  January 25, 2007
  By:
  /s/ Marie Meisenbach Graul
  Name: Marie Meisenbach Graul
  Title: Executive Vice President and Chief Financial Officer
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  Exhibit Index
  Exhibit No.
  Description
  10.1
  Asset Purchase Agreement, dated as January 21, 2007.
  10.2
  DIP Credit Agreement, dated as of January 23, 2007.
  99.1
  Press Release, dated January 23, 2007, announcing definitive asset sale and financing agreements with Tinicum Capital Partners II, L.P. and Wells Fargo Foothill, respectively.
  99.2
  Bankruptcy Court Order, dated January 22, 2007, establishing certain procedures governing the Company's sale process.
  99.3
  Bankruptcy Court Notice, dated January 22, 2007, providing notice of the Company's sale and auction process.