Merger • Diversified

Spectrum Brands Acquires HRG Group

On July 13, 2018, Spectrum Brands acquired diversified company HRG Group

Acquisition Context
  • This is Spectrum Brands’ 1st transaction in the Diversified sector.
  • This is Spectrum Brands’ 13th transaction in the United States.
  • This is Spectrum Brands’ 1st transaction in New York.

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M&A Deal Summary

Date July 13, 2018
Target HRG Group
Sector Diversified
Buyer(s) Spectrum Brands
Deal Type Merger

Target Company

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.
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Buyer Overview 1

Buyer

Spectrum Brands

Middleton, Wisconsin, United States

Category Company
Founded 1906
Sector Consumer Products
Employees3,100
Revenue 3.0B USD (2024)
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 was founded in 1906 and is based in Middleton, Wisconsin.


Deal Context for Buyer #
Overall 17 of 21
Sector: Diversified 1 of 1
Type: Merger 1 of 1
State: New York 1 of 1
Country: United States 13 of 16
Year: 2018 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-16 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.

Sell $2.0B
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.

Sell $1.3B