The Office Times

Newell Brands to Sell Winter Sports Business

Newell Brands  has signed a definitive agreement to sell its Winter Sports businesses, inclusive of Völkl®, K2®, Marker®, Dalbello®, Madshus®, Line®, Full Tilt®, Atlas®, Tubbs®, Ride® and BCA® to Kohlberg & Company, L.L.C., a private equity firm specializing in middle-market investing.

The sale of the Winter Sports businesses is part of Newell Brands’ ongoing strategy to accelerate growth by simplifying and strengthening the portfolio.

Office And Times Advertisement