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The origins of the "Remington" name date back to the formation of E. Remington and Sons, a firearms maker founded in 1816. E. Remington & Sons made occasional forays into products other than firearms, such as sewing machines and farm implements—but its most significant side venture was when inventor Christopher Sholes persuaded the firearms company to help him develop the typewriter with the ...
He bought the Benrus Watch Company in 1968, selling his majority stake in 1977. [4] He made a fortune as the President and CEO of Remington Products, which he famously purchased in 1979 after his wife bought him his first electric shaver. His purchase of Remington is considered an early example of a leveraged buyout. [5]
Sperry Corporation sold the division in 1979 to Victor Kiam, who became the company spokesman of the new Remington Products Company. His line, "I liked the shaver so much, I bought the company" became one of the more memorable advertising slogans of the early 1980s. Remington Products was sold in 2003 to the battery manufacturer Rayovac.
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Remington (personal care brand), an American manufacturer of shavers and haircare products, founded 1937; Remington College, an American chain of private schools, founded 1987; Remington Rand, an American computer manufacturer, originally a typewriter manufacturer, 1927–1955; Remington & Co, a British book publisher of the 19th century
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