Tag Archives: Harlan Kent

Jarden Finalizes Yankee Candle Acquisition

Jarden Corpration

RYE, N.Y.-Jarden Corp. has completed its acquisition of Yankee Candle from a fund managed by Madison Dearborn Partners, a private equity firm. The purchase price was about $1.75 billion in cash, which is subject to final working capital and other adjustments. James Lillie, Jarden’s CEO, said Yankee Candle would become part of the Jarden’s BrandedMore »

Last updated: October 4, 2013

Jarden to Acquire Yankee Candle

Jarden Corpration

RYE, N.Y.–Jarden Corporation, the housewares giant, has entered an agreement to purchase The Yankee Candle Company for approximately $1.75 billion. Jarden will acquire Yankee Holding Corp. and The Yankee Candle Company from a fund managed by Madison Dearborn Partners, LLC for $1.75 billion and up to $55 million in additional cash earn-out payments based uponMore »

Last updated: September 3, 2013

Yankee Candle Cuts Loss in Q2

Yankee Candle

SOUTH DEERFIELD, Mass.-Increased sales from its three operating segments helped Yankee Candle reduce its second-quarter net loss to $4.9 million, compared to the $13.5 million net loss reported in its second quarter of last year. Overall net sales in the quarter, which ended on June 29, were up 7.1 percent to $155.7 million. Net salesMore »

Last updated: August 8, 2013