HOBOKEN, N.J.–(BUSINESS WIRE)–Newell Brands Inc. (NYSE:NWL) announced today that it has signed a definitive agreement to sell its Winter Sports businesses, inclusive of Völkl®, K2®, Marker®, Dalbello®, Madshus®, Line®, Full Tilt®, Atlas®, Tubbs®, Ride® and BCA® to Kohlberg & Company, L.L.C., a leading private equity firm specializing in middle-market investing. The sale of the Winter Sports businesses is part of Newell Brands’ ongoing strategy to accelerate growth by simplifying and strengthening our portfolio.
KKR skis anyone?
- satsuma
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KKR skis anyone?
Newell Brands was actually a good company--they recalled and replaced some knives for me, and even added a free gift. Not sure about KKR.
Re: KKR skis anyone?
Will this result in the elimination of Madshus skis and other named brands?