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Jarden Corp. completes $1.35 billion acquisition of Waddington Group
2015-08-01 00:31:47| Appliances - Topix.net
The Boca Raton-based consumer products company , which owns brands like Yankee Candle and Crock-Pot, announced the agreement to buy Waddington Group from an investment fund managed by Olympus Partner on July 14. On July 30, Jarden Corp. closed on $900 million of senior secured term loans - $300 million of which mature in 2020, with the rest maturing in 2022, the company said. Jarden Corp. funded the acquisition from its proceeds from financing of the term loans and its recent common stock offering.
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Category:Consumer Goods and Services