- Jarden
Jarden Corporation (NYSE|JAH), based in
Rye, NY , is an American conglomerate of many well-known consumer productbrand s in the areas of kitchen electronics, kitchen cookware, kitchen tools, gaming, arts & crafts, home storage, and clothing. In 2006, it was ranked #585 on theFortune 1000 , and had a market cap of $2 billion US.In March
1993 ,Ball Corporation spun off its canning business as a new company called Alltrista Corporation. In June2002 , Alltrista changed its name to Jarden Corporation. The spin-off held the names Kerr, Ball, and Bernardin. [ [http://www.fundinguniverse.com/company-histories/Alltrista-Corporation-Company-History.html Company history of Alltrista Corporation] , International Directory of Company Histories]In March 1998, Sunbeam Corporation acquired the Coleman Company and Coleman Powermate. In December
2002 , Sunbeam Corporation filed Chapter 11 bankruptcy and canceled its common stock. When it emerged from bankruptcy, Sunbeam changed its name to American Household, Inc., a privately held company. In January2005 , Jarden acquired American Household, Inc. which was then comprised of The Coleman Company, Inc., Campingaz, Coleman, Powermate, First Alert, and BRK; and Sunbeam Products, Inc., comprising Sunbeam, Health o meter,Mr. Coffee , and Oster.In April
2002 , Alltrista acquired Tilia International, Inc. for $145 million, involving the trademarks Foodsaver and VillaWare. [ [http://www.fundinguniverse.com/company-histories/Tilia-Inc-Company-History.html Company history of Tilia Inc.] , International Directory of Company Histories] In November2002 , Jarden purchased the Diamond Brands, Inc., which had been in Chapter 11 bankruptcy proceedings. Trademarks involved include Diamond and Forster. [ [http://library.consusgroup.com/library_pvw/101/101555.asp Asset Purchase Agreement] , November 27, 2002] In September2003 , Jarden acquired Lehigh Consumer Products Corporation. Trademarks involved include Crawford, Lehigh, and Leslie-Locke.In March
2004 , Jarden acquired Loew-Cornell, a maker of brushes and other arts and crafts supplies. Trademarks involved include American Painter, Arttec, and Contemporary Crafts. In June2004 , Jarden bought a 75% stake in the privately heldU.S. Playing Card Company , and in October 2004 it purchased the remaining 25%. Trademarks included Bee, Bicycle, Aviator, and Hoyle. [ [http://www.fundinguniverse.com/company-histories/United-States-Playing-Card-Company-Company-History.html Company history of U.S. Playing Card] , International Directory of Company Histories]In July 2005, Jarden acquired The Holmes Group, maker of home and kitchen products, for approximately $420 million in cash and 6.2 million shares of Jarden common stock. Trademarks involved include
Crock-Pot , Seal-a-Meal, and Bionaire. [cite news|url=http://www.berkshirepartners.com/news_press_2005july18.shtml|title=Sale of The Holmes Group to Jarden Corporation Completed|publisher=Berkshire Partners |date=2005-07-18]In September 2006, Jarden acquired PineMountain firelogs, candles, and firestarters from Conros Corporation. [cite news|url=http://www.jarden.com/phoenix.zhtml?c=72395&p=irol-newsArticle&ID=901613&highlight=|title=Jarden Acquires Pine Mountain(R) Fire Log Business|date=2006-09-05|publisher=Jarden]
On
August 9 ,2007, Jarden acquiredK2 Sports for US$ 1,2 Billion. K2 has brands such asAdio ,ExOfficio ,JT Sports , Marker, Marmot, Penn, Rawlings, Ride, Sevylor, Shakespeare, Stearns, Völkl and Worth under its umbrella. [cite news|url=http://www.jarden.com/phoenix.zhtml?c=72395&p=irol-newsArticle&ID=1038828&highlight=|title=Jarden Corporation Completes Acquisition of K2 Inc.|date=2007-08-09|publisher=Jarden]References
External links
*Official websites
** [http://www.jarden.com/ Jarden.com]
** [http://www.jardenstore.com/ JardenStore.com] - end user, unified point-of-sale
* [http://stocks.us.reuters.com/stocks/fullDescription.asp?symbol=JAH Full company description of Jarden] , fromReuters
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