Newell Brands sold Jostens to Platinum Equity.

Newell Brands, a leading global consumer goods company with a strong portfolio of well-known brands, sold Jostens, an American manufacturer of memorabilia, to Platinum Equity. Financial terms were not disclosed. “We are pleased to announce another step forward in our Accelerated Transformation Plan, with the signing of the Pure Fishing and Jostens transactions,” said Michael Polk, Newell Brands President and Chief Executive Officer. “We have full confidence that these businesses will continue to thrive under new ownership, as they leverage their strong positions in the market place.”