Newell Rubbermaid Acquires Rival Jarden for $13B
Facebook
Facebook
Twitter
Twitter
LinkedIn
LinkedIn
Email
Email
0 Comments
Comments
Moving forward, the company will be known as Newell Brands, and is projected to have an annual revenue of approximately $16 billion. The companies said that the deal should close in the second quarter of 2016.
Newell Rubbermaid's CEO Michael Polk will serve as CEO of the renamed company, and Newell Rubbermaid's chief development officer Mark Tarchetti will become the company's president. Martin Franklin, founder and executive chairman for Jarden, will join the board of Newell Brands.
0 Comments
View Comments
E
Brendan Menapace
Author's page
Brendan Menapace is the content director for Promo+Promo Marketing.
Related Content
Comments