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New Deal


Announced

Completed

Rhone Capital completed the acquisition of Rexair from Newell Brands.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Household Equipment and Products

United States

cleaning and hygiene products

Private

Private Equity

Completed

Friendly

Majority

Single Bidder

Synopsis

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Private equity firm Rhone Capital completed the acquisition of Rexair, an American manufacturer of home cleaning systems, from Newell Brands, an American worldwide marketer of consumer and commercial products. Financial terms were not disclosed. The deal is part of Newell's Accelerated Transformation Plan, designed to create a simpler, faster, stronger consumer-focused portfolio of leading brands.

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