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Diverse CPG firm picks up candle giant in $1.75 billion deal.
September 3, 2013
By: TOM BRANNA
Editor
Jarden Corporation, a Rye, NY-based consumer products company, plans to acquire Yankee Candle Investments LLC from Madison Dearborn Partners, LLC for approximately $1.75 billion in cash, subject to working capital and other adjustments. Jarden Corporation has a diverse range of consumer products sold in three primary business segments. Jarden brands include K2, Rawlings, Bionaire, Crock-Pot, Mr. Coffee and First Alert among many others. “We are delighted to announce this acquisition, whi...
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