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Newell Brands Completes Sale of Tool Division

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Newell Brands, Inc., parent company of Rubbermaid Commercial Products, has finalized the sale of its tool division to Stanley Black & Decker, Inc.

The US$1.95 billion deal was announced in October 2016 and includes Newell’s Irwin, Lenox, and Hilmor brands.

Rubbermaid Commercial Products
Headquartered in Winchester, VA, Rubbermaid Commercial Products is a manufacturer of products for commercial and institutional markets worldwide. For more information, visit www.rubbermaidcommercial.com.