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Holmes Products was founded by Jordan Kahn in 1982. [ 1 ] [ 2 ] In 2005, Berkshire Partners , Holmes' parent company, sold Holmes Products to Jarden Corporation for US$ 625.9 million. At the time of the sale, the brands of Holmes included Rival (acquired in 1999 [ 3 ] ), Crock-Pot , Bionaire and White Mountain.
[1] [8] In November 1996 Rival purchased the remnants of Dazey Products Company and their "Seal-A-Meal" and "Food Saver" products. [9] In February 1999, Rival was acquired by Holmes Products Corp, a manufacturer of air handling products such as fans, heaters, humidifiers, and filters (markets in which Rival was also a major player). [10]
Its former household products division became the subsidiary Sunbeam Products, Inc. AHI was purchased in September 2004 by the Jarden Corporation, of which it was a subsidiary. [22] Jarden continued to grow its brands, purchasing the Holmes Group in 2005, [23] K2 in 2007, [24] and Mapa Spontex in 2009. [25]
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