The second is made by coating a fabric like cotton or polyester with a flexible polymer and then treating it to look more like animal hide. Both types are used in making clothing, upholstery, and product covers, but each is better for certain applications than others.
First Significant Acquisition Since 2008. ATLANTA, July 21, 2014 (GLOBE NEWSWIRE) -- Newell Rubbermaid (NYSE:NWL) has signed a definitive agreement to acquire Ignite Holdings, LLC (Ignite) from North Castle Partners, a leading private equity firm focused on consumer businesses that promote healthy, active and sustainable living.
The combined company will be named Newell Brands, with Michael Polk, CEO of Newell Rubbermaid, serving as CEO of the new company. In addition to the Rawlings brand, the deal also adds brands such as Yankee Candle, K2 Skis, Mr. Coffee and Oster to Newell Rubbermaid's portfolio. Newell Rubbermaid's consumer and commercial products currently include Rubbermaid housewares, Parker and Paper Mate pens, and Graco and Baby Jogger children's products.