Attention shoppers. The strategic combination of Jarden Corporation and Newell Rubbermaid creates a new $16 billion consumer goods powerhouse, called Newell Brands. Its combined portfolio of leading brands includes Paper Mate, Sharpie, Calphalon, Graco, Marmot, Coleman, Oster, Rawlings and Yankee Candle, which are sold in over 100 countries.
On December 14, 2015, Jarden Corporation announced that it had entered into a definitive agreement1 to combine with Newell Rubbermaid Inc., in a transaction that values Jarden at an approximate enterprise value of US$20 billion. Barclays acted as the lead Financial Advisor to Jarden, rendered a fairness opinion to its Board of Directors and played a key role in the successful announcement of the transaction.
A win for consumers
Newell Brands will have a portfolio of consumer brands in primarily large and growing consumer categories that are responsive to investment and innovation. The transaction is expected to substantially scale the combined company’s presence in key retailers, distribution channels, and geographies.
The result? Newell Brands will be able to bring new and better innovations to consumers with greater speed and efficiency, and consumers will benefit from improved distribution and access to the company’s products.