ACON Investments Acquires Goody Products
Newell Brands Inc. (NWL)
Last newell brands inc. earnings: 5/1 07:30 am
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US:NYSE Investor Relations:
ir.newellbrands.com/investor-relations/default.aspx
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Source: PR Newswire
WASHINGTON, Aug. 13, 2018 /PRNewswire/ -- ACON Investments, L.L.C. and its affiliates ("ACON") announced today that it has signed a definitive agreement to buy Goody Products, Inc. ("Goody" or the "Company"), an iconic manufacturer of hair styling tools and accessories from Newell Brands (NYSE: NWL). The closing of the sale is subject to customary conditions, including regulatory approvals."We are excited to be able to give Goody the focus and resources it deserves to prosper as one of the leading brands in its segments. We plan to leverage our experience to build iconic brands through product innovation and enhanced distribution to continue the Company's growth trajectory," said Suma Kulkarni, Partner at ACON. "We are excited to be partnering with Goody management and we are confident the Goody brand will continue to succeed under our new ownership," added Anjali Jolly, Partner at ACON. "This is an exciting day for Goody, and I'm excited for the team to grow with ACON," said Kim Hoel
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Sec Filings
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- 3/27/24 - Form DEFA14A
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