How much did Newell pay for Jarden?
2 min read
Asked by: Geoff Waiker
Newell Brands acquires Jarden Corporation for $16 billion.
When did Newell buy Jarden?
In 2015, Newell Rubbermaid announced its intention to acquire Jarden Corporation and its diverse global portfolio of well-known brands such as Ball, Yankee Candle, FoodSaver and more. The transaction closed in April 2016 and created Newell Brands.
Does Jarden own Coleman?
Jarden acquired Coleman in 2004, when it bought the troubled Sunbeam company.
What brands did Jarden own?
Jarden operates in three primary business segments through a number of well recognized brands, including: Branded Consumables: Ball®, Bee®, Bernardin®, Bicycle®, Billy Boy®, Crawford®, Diamond®, Envirocooler®, Fiona®, First Alert®, First Essentials®, Hoyle®, Kerr®, Lehigh®, Lifoam®, Lillo®, Loew-Cornell®, Mapa®,
Does Sunbeam still exist?
In 2002, Sunbeam emerged from bankruptcy as American Household, Inc. (AHI). Sunbeam was owned by Jarden Consumer Solutions after Jarden’s acquisition in 2004, which was itself later purchased by Newell Rubbermaid (now Newell Brands).
Did Newell sell Jarden?
Newell Brands, owner of popular brands such as Elmer’s glue, Crock Pot cooker and Yankee candles, has been divesting its non-core businesses after more than doubling in size following its 2016 acquisition of Jarden Corp.
Who bought Newell?
In November 2018, Newell sold its Pure Fishing line of business to Sycamore Partners for $1.3 billion and Jostens to Platinum Equity for $1.3 billion. In June 2019, Newell Brands announced the sale of the United States Playing Card Company to Belgian card manufacturer Cartamundi Group.
