Divestiture • Distribution

Spectrum Brands Acquires Tristar Products - Appliance and Cookware Business

On February 4, 2022, Spectrum Brands acquired distribution company Tristar Products - Appliance and Cookware Business from Tristar Products for 325M USD

Acquisition Context
  • This is Spectrum Brands’ 1st transaction in the Distribution sector.
  • This is Spectrum Brands’ 5th largest (disclosed) transaction.
  • This is Spectrum Brands’ 16th transaction in the United States.
  • This is Spectrum Brands’ 2nd transaction in Florida.

Explore All 466 Divestiture Distribution Deals - Search the Database Free


M&A Deal Summary

Date February 4, 2022
Target Tristar Products - Appliance and Cookware Business
Sector Distribution
Buyer(s) Spectrum Brands
Sellers(s) Tristar Products
Deal Type Divestiture
Deal Value 325M USD

Target Company

Tristar Products - Appliance and Cookware Business

Santa Rosa Beach, Florida, United States
Tristar Products's Appliance and Cookware Business includes distributions of home appliances and cookware categories.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

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 21 of 21
Sector: Distribution 1 of 1
Type: Divestiture 5 of 5
State: Florida 2 of 2
Country: United States 16 of 16
Year: 2022 1 of 1
Size (of disclosed) 5 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-08 Spectrum Brands Holdings - Hardware and Home Improvement

Lake Forest, California, United States

Spectrum Brands Holdings' Hardware and Home Improvement division is a provider of security, plumbing, and builders' hardware products to the North American residential segment with a diversified product offering of locksets, faucets, and builders hardware. HHI has a varied portfolio of innovative products, including patented SmartKey technology and electronic, smart, and biometric locks. Key brands include Kwikset, Baldwin, Weiser, Pfister, and National Hardware. Spectrum Brands Holdings' Hardware and Home Improvement is based in Lake Forest, California.

Sell $4.3B

Seller Profile 1

SELLER

Tristar Products

Santa Rosa Beach, Florida, United States

Category Company
Sector Distribution
DESCRIPTION

Tristar Products is a provider of an international and domestic distribution channels, media power using a 360-degree approach that includes online, social media, TV media and retail distribution in major retailers around the world. Tristar Products is based in Santa Rosa Beach, Florida.


Deal Context for Seller #
Overall 1 of 1
Sector: Distribution 1 of 1
Type: Divestiture 1 of 1
State: Florida 1 of 1
Country: United States 1 of 1
Year: 2022 1 of 1
Size (of disclosed) 1 of 1