🠈 Newell Brands 🠊
Newell Brands is a manufacturer and distributor of numerous consumer brands. They trade on the NASDAQ with the symbol: NWL.
The Newell web site says they have over 150 brands. There site listed 40 major brands.
Advertisement: The company has an affiliate program on Commission Junction. They kicked me out. You can find most of the products at Walmart.
This section will list corporate transactions of the firm.
- 1902: W.F. Linton Company incorporated in Ogdensburg, NY hoping to create brass curtain rods, but goes bankrupt.
- 1903: Edgar Newell acquired Linton and formed The Newell Manufacturing Company.
- 1921: Newell acquired Barnwell Mfg. Co. of Freeport, Illinois and renamed it Western Newell Manufacturing Company.
- WWII: Newell turned production toward wartime products.
- 1972: Newell went public on NASDAQ
- 1974: Newell acquired EZ Paintr Corporation which makes paint applicators.
- 1979: Newell moved to the NYSE with the symbol NWL.
- 1979: Newell chose a historic bank building in Freeport, Illinois as its first headquarters.
- 1983: Newell acquired Mirro.
- 1987: Newell acquired Anchor Hocking Corporation which makes glassware, flatware and cookware.
- 1992: Newell acquired Sanford which makes writing instruments including Sharpie and Expo brands.
- 1993: Newell acquired Levolor which makes window treatments.
- 1993: Newell acquired Ace line of men’s grooming accessories.
- 1994: Newell acquired Eberhard Faber.
- 1995: Newell acquired Berol which owns the Prismacolor brand.
- 1998: Newell acquired German-based Rotring which makes technical drawing instruments.
- 1997: Newell acquired Kirsch which makes drapery hardware.
- 1998: Newell acquired Calphalon Corporation.
- 1999: Newell acquired Rubbermaid and Graco in a merger worth $5.8 billion and renamed company Newell Rubbermaid. The stock tumbled after this merger.
History of Rubbermaid
- 1920: The Wooster Rubber Company started making toy balloons in Wooster, Oh.
- 1934 Wooster Rubber merged with Rubbermaid (which was founded in 1933. Their first product was a dust pan). The merger created Wooster Rubber Company with a line called Rubbermaid.
- 1955: Wooster went public.
- 1956: Wooster branched into plastic products.
- 1957: Wooster changed its name to Rubbermaid Incorporated.
- 1965: Rubbermaid acquired Dupol based in Germany.
- 1981: Rubbermaid acquired Con-Tact which made plastic coverings.
- 1984: Rubbermaid acquired the Little Tikes Company which makes of plastic toys.
- 1985: Rubbermaid acquired Gott Corporation.
- 1986: Rubbermaid acquired MicroComputer Accessories.
- 1986: Rubbermaid acquired Seco Industries.
- 1987: Rubbermaid acquired the Canadian firm Viking Brush.
- 1996: Rubbermaid acquired Graco Children's Products Inc..
- 1990: Rubbermaid acquired Eldon Industries.
- 1992: Rubbermaid acquired Iron Mountain Forge Corporation.
- 1994: Rubbermaid acquired Carex Health Care Products.
- 2000: Newell Rubbermaid acquired the stationary product line from Gillette. Line included Paper Mate, Parker, Waterman and Liquid Paper .)
- 2002: Newell acquired American Tool Companies which had the brands Irwin, Vise-Grip, and Marathon.
- 2003: Newell acquired American Saw and Manufacturing Company which made power tools using the Lenox brand.
- 2005: Newell acquired DYMO which makes on demand labeling products.
- 2006: Newell acquired CardScan which makes business card scanners.
- 2006: Newell acquired Mimio interactive whiteboard products.
- 2007: Newell acquired Endicia which has the Picture-it-Postage brand.
- 2008: Newell acquired the Japanese firm Aprica Kassai which makes strollers, car seats and other children’s products.
- 2008: Newell established a global headquarters in Atlanta.
- 2014: Newell acquired Ignite Holdings of Chicago for $380 million.
- 2015: Newell acquired Elmer's Products which makes Elmer's Glue, Krazy Glue, and X-Acto knives for $600 million.
- 2015: Newell acquired Jarden for over $15 billion of cash and stock and renamed company Newell Brands.
History of Jarden
Jarden was spun off of Ball Corporation so that the main company could concentrate on aerospace. They traded on the NYSE with the symbol: JAH
- 1993: Ball Corporation spun off its canning business as a new company called Alltrista Corporation.
- 2002: Alltrista changed its name to Jarden.
- 2002: Jarden acquired Tilia International which held the Foodsaver brand for approximately $160 million.
- 2003: Jarden acquired the Diamond Match Company for approximately $108 million.
- 2003: Jarden acquired Lehigh Consumer Products Corporation for approximately $155 million which owned the Crawford, Lehigh, and Leslie-Locke brands.
- 2004: Jarden acquired Loew-Cornell which makes arts and crafts supplies.
- 2004: Jarden gambled on the United States Playing Card Company. The total price was ~ $240 million
- 2005: Jarden acquired American Household, Inc for $845 million. Company owned Coleman Company, and Sunbeam Products, Inc., First Alert, Mr. Coffee, and Oster
- 2005: Jarden acquired The Holmes Group approximately $420 million in cash 6.2 million shares of Jarden common stock. Brands include Rival and Crock-Pot brands.
- 2006: Jarden acquired Pine Mountain from Conros Corporation.
- 2007: Jarden acquired K2 Sports for approximately US$1.2 billion. K2 brands include Marker, Marmot, Rawlings, Sevylor, Shakespeare, and Völkl.
- 2007: Jarden acquired Pure Fishing, Inc. for approximately $400 million.
- 2010: Jarden acquired Mapa Spontex Baby Care for approximately $415 million.
- 2010: Jarden acquired Quickie Manufacturing Corporation.
- 2010: Jarden acquired Aero Products International, .
- 2013: Jarden acquired Yankee Candle for $1.75 billion with cash, common equity and a mix of bank debt and bonds,
- 2015: Jarden acquired Jostens which makes school yearbooks, rings and memorabilia for $1.5 billion.
- 2016: Newell moved its corporate headquarters to Hoboken, NJ.
- Wikipedia - Newell (Drawn 10/9/2019)
- Funding Universe - Newell Rubbermaid (Drawn 10/10/2019)
- Wikipedia - Rubbermaid (Drawn 10/10/2019)
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