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Rubbermaid buys K2, Volkl, Marker

post #1 of 3
Thread Starter 

http://ir.newellrubbermaid.com/investor-relations/press-releases/press-release-details/2015/Newell-Rubbermaid-and-Jarden-Corporation-Announce-Consumer-Goods-Combination-with-16-Billion-Revenue/default.aspx

 

"Newell Rubbermaid (NYSE: NWL) and Jarden Corporation (NYSE: JAH) today announced that they have entered into a definitive agreement to combine the two companies. The transaction creates a $16 billion consumer goods company to be named Newell Brands, with a portfolio of leading brands in large unconsolidated categories, including Paper Mate®, Sharpie®, EXPO®, Parker®, Elmer’s®, Calphalon®, Rubbermaid®, Graco®, Baby Jogger®, Aprica®, Goody®, Irwin®, Lenox®, Rubbermaid Commercial Products®, Coleman®, First Alert®, FoodSaver®, Jostens®, K2®, NUK®, Oster®, Rawlings®, Sunbeam® and Yankee Candle®. The scaled enterprise is expected to accelerate profitable growth with leading brands that compete in a global market that exceeds $100 billion, with business and capability development supported by the efficiencies of this transformational combination."

 

Think of the convenience...one stop shopping for a Rubbermaid trash can, Elmer's glue, Oster dog clipper, K2 skis with Marker bindings, and Goody hair brushes.  The Calphalon non-stick surface on the K2 ski bases might work out very well.

post #2 of 3
Don't forget the "Sharpie" to mark your gear
post #3 of 3
Interesting.
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