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
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

Category Company
Founded 1903
Sector Consumer Products
Employees23,700
Revenue 7.6B USD (2024)
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. Newell Brands was founded in 1903 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 23 of 23
Sector: Consumer Products M&A 14 of 14
Type: Add-on Acquisition M&A Deals 19 of 19
State: Maryland M&A 1 of 1
Country: United States M&A 20 of 20
Year: 2017 M&A 1 of 1
Size (of disclosed) 13 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-26 Elevate Outdoor Collective

Bellevue, Washington, United States

Elevate Outdoor Collective is a designer, developer, manufacturer and marketer of outdoor winter sporting goods. It serves devoted skiing and snowboarding enthusiasts worldwide through brands such as K2, Vlkl, Marker and Dalbello. Elevate Outdoor Collective is based in Bellevue, Washington.

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 -