Spectrum Acquires Pet-Products Maker FURminator
December 6, 2011,
MADISON, Wis.-Spectrum Brands, parent company of the Remington personal-care line and the Russell Hobbs cooking-products business, has signed an agreement to purchase FURminator, a global provider of branded and patented deshedding products for pets, from HKW Capital Partners for $140 million in cash. The deal is expected to close at the end of 2011.
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