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Acquisition

Dec 13, 2016ACQUISITIONUnited States

Newell Brands to acquire Smith Mountain Industries for $100M

In a parallel deal, Newell Brands is buying US company Smith Mountain Industries, maker of WoodWick home fragrance candles, for US$100 million.

Value

$100.0M

Status

Announced

Productshome fragrance productsWoodWick candles

CompaniesNewell Brands acquirer Smith Mountain Industries target

“In a parallel deal, Newell is buying US company Smith Mountain Industries, which makes home fragrance products under the WoodWick Candle brand, for $US100 million.”nbr.co.nz

1 source
nbr.co.nzUS conglomerate Newell Brands buys NZ-owned Sistema Plastics for $660mDec 13, 2016

Summarized from public sources; check the original articles before acting on it.

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Newell Brands to acquire Smith Mountain Industries for $100M · Endata