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Spends $340 million to catch HandStands Holding Corporation.
May 24, 2016
By: TOM BRANNA
Editor
Energizer Holdings, Inc. will purchase HandStands Holding Corporation (“HandStands”) from Trivest Partners for an aggregate cash purchase price of $340 million. The deal, subject to customary regulatory approval, is expected to close in the fourth quarter. HandStands is a leading designer and marketer of automotive fragrance and appearance products. Inclusive of recent acquisitions, calendar year 2015 pro forma net sales were approximately $128 million, with approximately 80% in...
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