Spectrum Brands to acquire For Life Products for c.$300m.

Spectrum Brands, a global branded consumer products and home essentials company focused on driving innovation and providing exceptional customer service, to acquire For Life Products, a manufacturer in the household cleaning, maintenance, and restoration segment, for c.$300m. The transaction is expected to close in the first half of the 2021 calendar year, subject to customary closing conditions. “The acquisition aligns with our strategy to purchase strong, complimentary brands where we can leverage our efficient supply chain and strong customer relationships to drive future growth. With the acquisition of Rejuvenate, we are confident in our ability to create value through substantial revenue, supply chain and manufacturing synergies,” David Maura, Spectrum Brands Chairman and CEO.