Company News, Financial News

Scott’s Liquid Gold Sells Dryel Brand

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By: TOM BRANNA

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Scott's Liquid Gold sold the Dryel brand to Summit Brands, a Fort Wayne, Indiana company that markets and distributes household cleaning products. A purchase price was not disclosed. Scott's acquired Dryel in 2020. “The completion of this transaction is a key step in our journey to reshape and streamline our portfolio of brands,” said Tisha Pedrazzini, president of Scott’s. “It meaningfully strengthens our balance sheet and positions us to focus on growth and cash generation as we e...

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