M&A Deal Summary

Newell Brands Acquires Chesapeake Bay Candle

On September 7, 2017, Newell Brands acquired consumer products company Chesapeake Bay Candle for 75M USD

Acquisition Highlights
  • This is Newell Brands’ 14th transaction in the Consumer Products sector.
  • This is Newell Brands’ 13th largest (disclosed) transaction.
  • This is Newell Brands’ 20th transaction in the United States.
  • This is Newell Brands’ 1st transaction in Maryland.

M&A Deal Summary
Date 2017-09-07
Target Chesapeake Bay Candle
Sector Consumer Products
Buyer(s) Newell Brands
Deal Type Add-on Acquisition
Deal Value 75M USD

Target

Chesapeake Bay Candle

Rockville, Maryland, United States
website
Chesapeake Bay Candle is a developer, manufacturer and marketer of premium candles and other home fragrance products, focused on consumer wellness and natural fragrance. Chesapeake Bay Candle was established in 1994 and is based in Rockville, Maryland.

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Buyer(S) 1

Buyer

Newell Brands

Atlanta, Georgia, United States

website

Category Company
Founded 1903
Sector Consumer Products
Employees32,000
Revenue 10.6B USD (2021)
DESCRIPTION
Entrance to Newell Brands' corporate headquarters in Atlanta, Georgia.
Entrance to Newell Brands' corporate headquarters in Atlanta, Georgia.

Newell Brands is a marketer of consumer and commercial products. The Company's portfolio of leading brands include Rubbermaid, Sharpie, Graco, Calphalon, Irwin, Lenox, Levolor, Paper Mate, Dymo, Waterman, Parker, Goody, Rubbermaid Commercial Products and Aprica. Newell Brands was formerly known as Newell Rubbermaid. Newell Brands was founded in 1903 and is based in Atlanta, Georgia.

DEAL STATS #
Overall 23 of 23
Sector (Consumer Products) 14 of 14
Type (Add-on Acquisition) 19 of 19
State (Maryland) 1 of 1
Country (United States) 20 of 20
Year (2017) 1 of 1
Size (of disclosed) 13 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-26 K2-MDV

Seattle, Washington, United States

K2-MDV consists of two iconic winter sports brand families, K2 Sports (K2) and Marker Dalbello Völkl (MDV), who develop, manufacture, and distribute a broad range of skis, snowboards, bindings, skates, snowshoes, and safety products through the brands of Völkl®, K2®, Marker®, Dalbello®, Madshus®, Line®, Full Tilt®, Atlas®, Tubbs®, Ride® and BCA®. K2 and MDV are world renowned as leaders in design, production and sales and marketing, and their products are used by enthusiasts across multiple generations and winter sports disciplines worldwide.

Sell $240M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-05 Rawlings

St. Louis, Missouri, United States

Rawlings is a manufacturer and marketer of sporting goods. Rawlings offers high-performance equipment and protective apparel for the professional, amateur, and entry-level player. Rawlings was founded in 1887 and is based in St. Louis, Missouri.

Sell -
Mergr

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