M&A Deal Summary

Energizer Acquires Spectrum Brands Holdings - Global Battery & Portable Lighting Business

On January 16, 2018, Energizer acquired consumer products company Spectrum Brands Holdings - Global Battery & Portable Lighting Business from Spectrum Brands for 2.0B USD

Acquisition Highlights
  • This is Energizer’s 6th transaction in the Consumer Products sector.
  • This is Energizer’s largest (disclosed) transaction.
  • This is Energizer’s 6th transaction in the United States.
  • This is Energizer’s 1st transaction in Wisconsin.

M&A Deal Summary
Date 2018-01-16
Target Spectrum Brands Holdings - Global Battery & Portable Lighting Business
Sector Consumer Products
Buyer(s) Energizer
Sellers(s) Spectrum Brands
Deal Type Divestiture
Deal Value 2.0B USD

Target

Spectrum Brands Holdings - Global Battery & Portable Lighting Business

Middleton, Wisconsin, United States
Spectrum Brands Holdings, Inc. - Global Battery & Portable Lighting Business has a longstanding history, global footprint and diversified range of products including alkaline, carbon zinc, hearing aid and nickel metal hydride rechargeable batteries as well as battery chargers and portable lighting products.

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Buyer(S) 1

Buyer

Energizer

St. Louis, Missouri, United States
Category Company
Founded 2015
Sector Consumer Products
Employees5,500
Revenue 3.0B USD (2023)
DESCRIPTION
Entrance to Energizer's corporate headquarters in St. Louis, Missouri.
Entrance to Energizer's corporate headquarters in St. Louis, Missouri.

Energizer is a consumer goods company operating globally in the broad categories of household and personal care products. Energizer offers solutions in portable power, lighting, wet shave and personal grooming, skin care, feminine care and infant care. Energizer was founded in 2015 and is based in St. Louis, Missouri.

DEAL STATS #
Overall 6 of 7
Sector (Consumer Products) 6 of 6
Type (Divestiture) 3 of 4
State (Wisconsin) 1 of 1
Country (United States) 6 of 7
Year (2018) 1 of 2
Size (of disclosed) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-24 American Covers

Draper, Utah, United States

American Covers, Inc. (dba Handstands) is a designer and supplier of automotive air freshener products sold through mass and aftermarket automotive channels.

Buy $340M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-15 Spectrum Brands Holdings - Global Auto Care Business

Vandalia, Ohio, United States

Spectrum Brands Holdings, Inc. - Global Auto Care Business is a wholesaler of auto accessories based in Vandalia, Ohio.

Buy $1.3B

Seller(S) 1

SELLER

Spectrum Brands

Middleton, Wisconsin, United States
Category Company
Sector Consumer Products
Employees12,100
Revenue 2.9B USD (2023)
DESCRIPTION

Spectrum Brands is a diversified consumer products company and a supplier of consumer batteries, residential locksets, residential builders’ hardware and faucets, shaving and grooming products, personal care products, small household appliances, specialty pet supplies, lawn and garden and home pest control products, and personal insect repellents. Spectrum Brands is based in Middleton, Wisconsin.

DEAL STATS #
Overall 1 of 4
Sector (Consumer Products) 1 of 2
Type (Divestiture) 1 of 4
State (Wisconsin) 1 of 1
Country (United States) 1 of 4
Year (2018) 1 of 2
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-15 PetMatrix

Saddle Book, New Jersey, United States

PetMatrix provides a broad portfolio of innovative, rawhide-free dog chews across its two flagship brands DreamBone and SmartBones. PetMatrix products are sold to mass merchandisers, food and drug stores, and pet specialty stores. The business benefits from a strong patent portfolio and has a robust pipeline of new products expected to drive future growth and product portfolio diversification opportunities.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-13 HRG Group

New York, New York, United States

HRG Group, Inc. is a diversified holding company seeking to acquire and to grow attractive businesses that generate sustainable free cash flow. The company operates in Consumer Products, Insurance, Energy, and Financial Services. HRG Group was founded in 1954 and is based in New York.

Buy -
Mergr

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