One Rock Capital completed the acquisition of the processing solutions unit of Newell Brands for $500m.

One Rock Capital completed the acquisition of the processing solutions unit of Newell Brands, an American worldwide marketer of consumer and commercial products, for $500m. “We believe that as a standalone business, Process Solutions can expand its offerings and bolster its global customer relationships. Working together with management and our Operating Partners, we look forward to growing the company through strategic acquisitions and operational and technological improvements,” R. Scott Spielvogel, One Rock Managing Partner.