Spectrum Brands completed the acquisition of the home appliances and cookware business of Tristar Products for $450m.

Spectrum Brands, a holding company, completed the acquisition of the home appliances and cookware business of Tristar Products, a marketer of home appliances, fitness equipment, cooking innovations, and health and beauty products, for $450m. "We welcome the Tristar business and employees to our Home and Personal Care business and are tremendously excited about this partnership and the bright future of these two complementary assets," David Maura, Spectrum Brands Chairman and CEO.