Newell Brands sells Winter Sports businesses to Kohlberg & Company for $240 million
Client(s) Newell Brands Inc.
Jones Day advised Newell Brands Inc. (NYSE: NWL) in the sale of its Winter Sports businesses to private equity firm Kohlberg & Company for $240 million, subject to adjustment. The transaction includes the Völkl®, K2®, Marker®, Dalbello®, Madshus®, Line®, Full Tilt®, Atlas®, Tubbs®, Ride® and BCA® brands of Newell.
In addition to M&A representation, Jones Day provided tax, antitrust, employee benefits, real estate, intellectual property, and environmental, health, and safety advice regarding this transaction.