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Newell Brands Inc. is an American manufacturer, marketer and distributor of consumer and commercial products. The company's brands and products include Rubbermaid storage and trash containers; home organization and reusable container products; Contigo and Bubba water bottles; Coleman outdoor products; writing instruments (Berol, Expo Markers, Paper Mate, Dymo, Mr. Sketch, Parker Pens, Sharpie ...
The combined company was renamed Newell Brands. [9] [10] It was announced on June 5, 2018, that Rawlings was sold from Newell Brands to the Los Angeles-based private equity firm, Seidler Equity Partners (SEP), run by San Diego Padres owner Peter Seidler, with MLB a co-investor in the $395 million deal. Rawlings employs 150 people in the St ...
Newell Brands was now the owner of Rexair LLC. Newell Brands is a publicly held company. [3] On 26 February 2019 Newell Brands announced it would be selling its Rexair business, [4] the maker of Rainbow vacuum products, to private-equity firm Rhone Capital. [5] The Rexair business had about $123 million in net sales in 2018, Newell said.
1999 Newell acquires Rubbermaid for $6 billion and changes corporate name to Newell Rubbermaid. 2003 Rubbermaid headquarters move from Wooster, Ohio to Atlanta, GA. 2016 Newell Rubbermaid becomes Newell Brands as part of a takeover of Jarden in a merger. 2017 Newell sells the Rubbermaid totes line to United Solutions. [9]
The combined company is known as Newell Brands, with 55% owned by Newell's shareholders. [11] [12] The acquisition was completed on April 15, 2016. [2] On June 5, 2018, Newell announced it was selling the Rawlings division to a private equity group, SEP and MLB in order to focus on nine core product lines. [13]
The Rival Company is an American manufacturer of small appliances that produces products under the Bionaire, Crock-Pot, Fasco, Patton, Pollenex, Rival, Simer, and White Mountain brands. It became a wholly owned subsidiary of Holmes Products Corp. in 1999, and later became a brand of Sunbeam Products , a subsidiary of Jarden Corporation , which ...
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On February 7, 2022, Resideo announced it would acquire First Alert from Newell Brands. [ 20 ] On April 15th, 2024, Resideo announced it would acquire Snap One, a major home automation provider, for $10.75 per share in cash, for a transaction value of approximately $1.4 billion. [ 21 ]