Newell Brands Divests Fire Starter BusinessApril 11, 2017
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Newell Brands, Inc., parent company of Rubbermaid Commercial Products, has divested its fire starter and matches division to Royal Oak Enterprises, LLC.
The deal includes Newell Brands’ Diamond® line of matches, fire starters, lighters, and toothpicks and its Mountain® fire starters and fire logs business. Newell Brands will retain possession of its Diamond brand of plastic cutlery. Financial details of the sale were not disclosed.
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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.