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Adds car care brand for $1.4 billion.
May 21, 2015
By: TOM BRANNA
Editor
Spectrum Brands Holdings, Inc. completed the acquisition of Armored AutoGroup Parent Inc. (Armored AutoGroup) from Avista Capital Partners for $1.4 billion in cash and assumed debt. The deal was announced on April 28. Armored AutoGroup's brands include Armor All and STP brands, two of the most recognizable brands in the automotive aftermarket appearance products and performance chemicals/additives categories, and the market-leading A/C Pro brand in the do-it-yourself automotive air c...
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