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In 1999, Newell acquired the Rubbermaid and Graco brand names in a megamerger worth $5.8 billion, and later renamed the combined firm Newell Rubbermaid. This was an acquisition ten times larger than the last biggest acquisition Newell had made, nearly doubled the company's size, and significantly increased Newell's portfolio of brands.
Rubbermaid is an American manufacturer and distributor of household items. A subsidiary of Newell Brands, it is best known for producing food storage containers and trash cans. It also produces sheds, step stools, closets and shelving, laundry baskets, bins, air fresheners and other household items. [1][2]
On December 14, 2015, Newell Rubbermaid announced that it would acquire Jarden for over $15 billion of cash and stock. 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]
Newell Rubbermaid Inc, known for its food containers, agreed to buy Sunbeam and Coleman products maker Jarden Corp for more than $15 billion in a deal that will give it more leverage with ...
About Newell Rubbermaid. Newell Rubbermaid Inc., an S&P 500 company, is a global marketer of consumer and commercial products with 2011 sales of approximately $5.9 billion and a strong portfolio ...
The company was acquired by MGA Entertainment in September 2006 from Newell Rubbermaid for an undisclosed sum. [9] As of 2006, the 500 employees at Little Tikes were generating approximately $250 million in revenue of Rubbermaid's $6.3 billion in annual sales, and the acquisition was projected to add $15 to $25 million to MGA Entertainment's ...
For the last fully reported fiscal quarter, Newell Rubbermaid's year-over-year revenue grew 4.2%, and its AR dropped 1.9%. That looks OK. End-of-quarter DSO decreased 5.9% from the prior-year quarter.
Occupation (s) Retired Vice Chairman, CEO & Chairman of the Board of Newell Rubbermaid. Founder, Ferguson Partners, Ferguson Foundation. General Partner of Ferguson Partners & Trustee of the Ferguson Foundation. Daniel C. Ferguson (born May 5, 1927) is an American businessman and former president and director of Newell Rubbermaid.