Who is buying Spectrum brands?

Author: Cloyd Moore Jr.  |  Last update: Wednesday, February 19, 2025

The Department of Justice announced today that it has reached a settlement in its litigation regarding ASSA ABLOY AB's (ASSA ABLOY) proposed $4.3 billion acquisition of Spectrum Brand Holding Inc.'s Hardware and Home Improvement division.

Did ASSA ABLOY buy Spectrum brands?

Today, ASSA ABLOY has completed the acquisition of Spectrum Brands' Hardware and Home Improvement division (“HHI”) and the divestment of Emtek and the Smart Residential business in the U.S. and Canada to Fortune Brands.

Who is the brand manager of Spectrum brands?

Natalie Carney - Senior Brand Manager - Spectrum Brands (UK) Limited | LinkedIn.

Does Spectrum brands own Energizer?

Energizer Holdings, Inc. Announces Agreement To Acquire Spectrum Brands Holdings' Global Battery And Portable Lighting Business.

Does spectrum own rayovac?

About Rayovac®

Rayovac is a brand of consumer products owned by Spectrum Brands Inc.

Spectrum Brands

Who owns FURminator?

FURminator markets professional quality dog and cat products for the worldwide grooming tools and accessories category. FURminator has been a portfolio company of HKW since 2008. The buyer is United Pet Group (“UPG”), a division of Spectrum Brands Holdings, Inc.

Who is the CEO of Spectrum brands?

David M. Maura was appointed our Executive Chairman and our Chief Executive Officer in July 2018.

Who is the CFO of Spectrum brands?

Jeremy W. Smeltser was appointed our Executive Vice President on October 1, 2019 and was appointed our Chief Financial Officer on November 17, 2019. He previously served as Vice President and Chief Financial Officer of SPX Flow, Inc. (“SPX Flow”).

What company did Spectrum buy out?

The purchase was completed on May 18, 2016; Charter had continued to do business as Time Warner Cable in its former markets, but has now re-branded these operations under the Spectrum brand in most markets (a brand of Charter which launched in 2014), though it will continue to use the roadrunner.com email addresses and ...

What is the ASSA ABLOY controversy?

The settlement came last year in a Justice Department lawsuit seeking to block Assa Abloy's purchase of assets from U.S.-based Spectrum, which the government said would lead to higher prices. The deal, which did not include an admission of wrongdoing, came in the middle of a trial before U.S. District Judge Ana Reyes.

Who bought Emtek?

Fortune Brands Completes Acquisition of Emtek and Schaub Premium Hardware Brands and the U.S. and Canadian Yale and August Residential Smart Lock Brands. DEERFIELD, Ill.

Is Spectrum being sold?

WASHINGTON, Oct. 21, 2024 – The UScellular breakup continues: the company announced Friday it would sell spectrum licenses to Verizon for $1 billion. The deal involves the UScellular's 850 MegaHertz (Mhz) licenses, as well as some licenses in the PCS and AWS bands.

Is Spectrum brands a good company to work for?

Spectrum Brands has an overall rating of 3.6 out of 5, based on over 806 reviews left anonymously by employees. 57% of employees would recommend working at Spectrum Brands to a friend and 50% have a positive outlook for the business. This rating has improved by 2% over the last 12 months.

Is Spectrum a Chinese company?

Charter Communications, Inc., is an American telecommunications and mass media company with services branded as Spectrum. The company is headquartered in Stamford, Connecticut. Charter Communications, Inc.

Is AT&T owned by Spectrum?

UScellular will sell a chunk of its remaining spectrum assets to AT&T for a little more than $1 billion in cash, including 1,250 million MHz-POPs of 3.45 GHz and 331 million MHz-POPs of 700 MHz B/C block licenses.

How much is Spectrum brands worth?

Spectrum Brands Holdings has a market cap or net worth of $2.31 billion as of February 5, 2025. Its market cap has decreased by -16.47% in one year.

Why not to use FURminator?

Overuse: Excessive or aggressive use of any grooming tool, including the Furminator, can potentially damage a dog's coat. Using the tool too frequently or applying too much pressure can lead to irritation or damage to the topcoat.

How many employees does Spectrum brands have?

Our 3,000+ employees work together to serve those who trust and use our products in their homes every day.

How much did FURminator sell for?

Finding Gold In Dog Hair: HKW Sells FURminator For $140M.

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