M&A Deal Summary

Newell Brands Acquires Irwin Industrial Tool

On March 4, 2002, Newell Brands acquired machinery company Irwin Industrial Tool for 419M USD

Acquisition Highlights
  • This is Newell Brands’ 1st transaction in the Machinery sector.
  • This is Newell Brands’ 8th largest (disclosed) transaction.
  • This is Newell Brands’ 5th transaction in the United States.
  • This is Newell Brands’ 1st transaction in North Carolina.

M&A Deal Summary

Date 2002-03-04
Target Irwin Industrial Tool
Sector Machinery
Buyer(s) Newell Brands
Deal Type Add-on Acquisition
Deal Value 419M USD

Target

Irwin Industrial Tool

Huntersville, North Carolina, United States
Irwin saw blades on display at an Acme Tools store.
Irwin saw blades on display at an Acme Tools store.
Irwin Industrial Tool Co., Inc. manufactures and distributes professional grade hand tools and power tool accessories worldwide for trade professionals who demand superior performance and durability on the job.

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Buyer(S) 1

Buyer

Newell Brands

Atlanta, Georgia, United States

Category Company
Founded 1903
Sector Consumer Products
Employees24,600
Revenue 8.1B USD (2023)
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 5 of 23
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 4 of 19
State (North Carolina) 1 of 1
Country (United States) 5 of 20
Year (2002) 1 of 1
Size (of disclosed) 8 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-02-28 Shur-Line

Waukesha, Wisconsin, United States

Shur-Line is a manufacturer of paint related tools and accessories. Shur-Line was founded in 1945 and is based in Waukesha, Wisconsin.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-01-06 American Saw & Mfg. Company

East Longmeadow, Massachusetts, United States

American Saw & Mfg. Company, Inc., a manufacturer of linear edge power tool accessories, hand tools and band saw blades.

Buy $450M