Tag Archives: Newell Rubbermaid

Newell Rubbermaid Closes Baby Jogger Deal

Newell Rubbermaid

ATLANTA-Newell Rubbermaid has completed its acquisition of Baby Jogger Holdings from private equity firm Riverside Co. The purchase price was $210 million. Baby Jogger designs and markets infant and juvenile products focusing on activity strollers and related accessories. A Newell Rubbermaid statement said Baby Jogger is expected to bring in about $90 million in netMore »

Last updated: December 16, 2014

Newell Rubbermaid Appoints Arcuri to Head Home Solutions Segment

Joe Arcuri

ATLANTA-Joe Arcuri will join Newell Rubbermaid as president of the company’s home solutions segment on Dec. 1. When he assumes his new role, Arcuri will be responsible for the Rubbermaid, Calphalon, Goody and Levolor brands, and the recently acquired Contigo, Avex and bubba brands. He will report to Bill Burke, Newell’s chief operating officer. ArcuriMore »

Last updated: November 24, 2014

Newell Rubbermaid Q3 Sales Edge Up

Newell Rubbermaid

ATLANTA-Newell Rubbermaid posted net sales of $1.5 billion in its fiscal third quarter, up 1.3 percent from last year’s third quarter, in what President and CEO Michael Polk characterized as a “solid” performance. Net income in the quarter, which ended on Sept. 30, fell 36.7 percent to $122.3 million. Last year’s third quarter included netMore »

Last updated: October 31, 2014

Newell Completes bubba Acquisition

Newell Rubbermaid

ATLANTA-Newell Rubbermaid (NYSE: NWL) has closed its acquisition of bubba brands, the drinkware manufacturer that had been owned by In Zone Holdings. The purchase price was $83 million. bubba brands is expected to deliver more than $50 million in net sales this year. Michael Polk, Newell’s president and CEO, said, “We look forward to leveragingMore »

Last updated: October 23, 2014

Newell Rubbermaid to Acquire Beverageware Maker Bubba

Newell Rubbermaid

ATLANTA–Newell Rubbermaid (NYSE:NWL) has signed a definitive agreement to acquire bubba brands, maker of durable beverage containers. Terms of the agreement were not disclosed. The acquisition will expand Newell Rubbermaid’s presence in on-the-go thermal and hydration beverageware. The company recently acquired the Contigo and Avex brands from Ignite Holdings, maker of thermal and hydration products.More »

Last updated: October 17, 2014

NPD Names Morsovillo Head of Home Division

Lora Morsovillo

PORT WASHINGTON, N.Y.–The NPD Group has made leadership changes in its home and office supplies divisions. Lora Morsovillo, formerly president of the office supplies division, has been named president of the home practice. Morsovillo will continue to report to Perry James, who served as president of home and who continues to lead the firm’s hardlinesMore »

Last updated: October 3, 2014

Newell Rubbermaid to Open Global E-commerce Hub in NYC

Newell Rubbermaid

ATLANTA-Newell Rubbermaid said it will create a global e-commerce office in New York City by the end of the first fiscal quarter of 2015. According to a company statement, the office is intended to expand Newell Rubbermaid’s e-commerce business and accelerate the company’s online revenue growth throughout the world. Mark Tarchetti, the company’s chief developmentMore »

Last updated: September 25, 2014

Newell Rubbermaid Acquires Ignite

Contigo water bottles

ATLANTA–Newell Rubbermaid has acquired Ignite USA, maker of hydration bottles and thermal mugs, from private equity firm New Castle Partners for approximately $308 million. Ignite’s brands, Contigo and Avex, are expected to generate more than $125 million in net sales in 2014, according to Newell Rubbermaid. “We are excited to welcome the Ignite team toMore »

Last updated: September 5, 2014