Jarden was an American consumer products company. Formed by the spin out of
Ball Corporation
Ball Corporation is an American company headquartered in Broomfield, Colorado. It is best known for its early production of glass Mason jar, jars, lids, and related products used for home canning. Since its founding in Buffalo, New York, in 1880, ...
's canning business, the company became a wider
conglomerate of consumer brands, particularly in the outdoors and
home appliance
A home appliance, also referred to as a domestic appliance, an electric appliance or a household appliance, is a machine which assists in household functions such as cooking, cleaning and food preservation.
Appliances are divided into three ty ...
s market. Jarden was acquired in 2016 by Newell Rubbermaid, which renamed itself
Newell Brands
Newell Brands is an American manufacturer, marketer and distributor of consumer and commercial products. The company's brands and products include Rubbermaid storage and trash containers; home organization and reusable container products; Contig ...
.
History
![JardenBrandedConsumables](https://upload.wikimedia.org/wikipedia/commons/b/bb/JardenBrandedConsumables.JPG)
In April 1993,
Ball Corporation
Ball Corporation is an American company headquartered in Broomfield, Colorado. It is best known for its early production of glass Mason jar, jars, lids, and related products used for home canning. Since its founding in Buffalo, New York, in 1880, ...
spun off its canning business as a new company called Alltrista Corporation. In May 2002, Alltrista changed its name to Jarden Corporation. The spin off retained the trademarks to the names Kerr, Ball, and Bernardin.
In April 2002, Jarden Corporation acquired Tilia International, owner of the Foodsaver brand, for approximately $160 million. In February 2003, Jarden acquired the
Diamond Match Company
The Diamond Match Company has its roots in several nineteenth century companies. In the early 1850s, Edward Tatnall of Wilmington, Delaware was given an English recipe for making matches by a business acquaintance, William R. Smith. In 1853, Tatn ...
for approximately $108 million. In September 2003, Jarden acquired Lehigh Consumer Products Corporation for approximately $155 million, giving it ownership of the brands Crawford, Lehigh, and Leslie Locke.
In March 2004, Jarden acquired Loew Cornell, a maker of brushes and other arts and crafts supplies for an estimated purchase price of $30 to $40 million, according to a research report issued by SunTrust Robinsion Humprey on April 27, 2004. In June 2004, Jarden bought a 75% stake in the
United States Playing Card Company
The United States Playing Card Company (USPC, though also commonly known as USPCC) is a large American producer and distributor of playing cards. It was established in 1867 as Russell, Morgan & Co. and founded in its current incarnation in 1885. ...
, and in October 2004, it purchased the remaining 25%.
The purchase price was approximately $240 million.
In January 2005, Jarden acquired American Household, Inc, for approximately $845 million. American Household, Inc. owned the
Coleman Company
The Coleman Company, Inc. is an American brand of outdoor recreation products, especially camping gear, now owned by Newell Brands. The company's new headquarters are in Chicago, and it has facilities in Wichita, Kansas, and in Texas. There are ...
, and
Sunbeam Products, Inc. Brands acquired as part of this acquisition included Coleman,
First Alert
First Alert is the retail brand of American safety equipment manufacturer BRK Brands, Inc., established in 1976 and based in Aurora, Illinois, with a production plant in Juarez, Mexico. Products sold with the brand include carbon monoxide detecto ...
, Sunbeam,
Mr. Coffee
Mr. Coffee is a registered trademark of Newell Brands. The Mr. Coffee brand manufactures automatic-drip kitchen coffee machines, as well as other products. The brand was founded in the early 1970s. Mr. Coffee has often been referenced in popula ...
, and
Oster
Oster ( uk, Осте́р ; russian: Остёр, Ostyor) is a city located where the Oster River flows into the Desna, in Chernihiv Raion, Chernihiv Oblast of Ukraine. Oster hosts the administration of Oster urban hromada, one of the hromadas ...
.
In July 2005, Jarden acquired The Holmes Group, a manufacturer and distributor of select home environment and small kitchen electrics, for approximately $420 million in cash and approximately 6.2 million shares of Jarden common stock. The acquisition gave Jarden rights to the brands
Rival
A rivalry is the state of two people or groups engaging in a lasting competitive relationship. Rivalry is the "against each other" spirit between two competing sides. The relationship itself may also be called "a rivalry", and each participant o ...
, and
Crock-Pot
A slow cooker, also known as a crock-pot (after a trademark owned by Sunbeam Products but sometimes used generically in the English-speaking world), is a countertop electrical cooking appliance used to simmer at a lower temperature than othe ...
.
In August 2006, Jarden acquired Pine Mountain firelogs and firestarters from Conros Corporation for approximately $150 million.
In April 2007, Jarden acquired Pure Fishing, Inc. for approximately $400 million. In August 2007, Jarden acquired
K2 Sports
K2 Sports, LLC (K2 Sports) is an American winter sports company headquartered in Seattle, Washington. K2 Sports operates the K2 Skis, K2 Snowboarding, K2 Skates, Backcountry Access, Ride Snowboards, Tubbs Snowshoes, Atlas Snow-Shoe Company, LIN ...
for approximately US$1.2 billion. K2 included brands such as
Marker,
Marmot
Marmots are large ground squirrels in the genus ''Marmota'', with 15 species living in Asia, Europe, and North America. These herbivores are active during the summer, when they can often be found in groups, but are not seen during the winter, w ...
,
Rawlings Rawlings may refer to:
*Rawlings (company), a U.S. sports equipment company
*Rawlings, Maryland, an unincorporated community in Allegany County, Maryland
*Rawlings (surname)
Rawlings is an English-language surname. Notable people with the name in ...
,
Sevylor
Sevylor is a company that makes inflatable boats out of PVC and vinyl. Founded in France in 1948, it is one of the largest manufacturers of consumer PVC rafts in the world. In 2004, Sevylor was acquired by National Ventures of Huntington Bea ...
,
Shakespeare
William Shakespeare ( 26 April 1564 – 23 April 1616) was an English playwright, poet and actor. He is widely regarded as the greatest writer in the English language and the world's pre-eminent dramatist. He is often called England's nation ...
, and
Völkl
Völkl Ski International, GmbH, () is a sports equipment manufacturing company based in Bavaria, Germany. Initially it manufactured skis, but has extended its line to snowboards, outerwear, and tennis gear. Völkl's United States subsidiary is lo ...
under its umbrella.
In April 2010, Jarden acquired the Mapa Spontex Baby Care and Home Care businesses for a total value, including debt assumed and/or repaid, of approximately $415 million. Later in 2010, Jarden acquired Quickie Manufacturing Corporation and Aero Products International, Inc. Brands acquired in these two transactions included Quickie, Aero, and Aerobed, among others.
In September 2013, Jarden acquired
Yankee Candle
The Yankee Candle Company (referred to simply as Yankee Candle) is an American manufacturer and retailer of scented candles, candleholders, accessories, and dinnerware. Its products are sold by thousands of gift shops nationwide, through catal ...
for $1.75 billion with cash, common equity and a mix of bank debt and bonds, a deal which Bank of America's
Stefan M. Selig helped bring about.
On October 14, 2015, Jarden announced that it would acquire
Jostens
Jostens is an American manufacturer of memorabilia. The company is primarily known for its production of yearbooks and class rings for various high schools and colleges as well as championship rings for sports. Jostens also produced photobook pro ...
, a producer of school memorabilia such as
yearbook
A yearbook, also known as an annual, is a type of a book published annually. One use is to record, highlight, and commemorate the past year of a school. The term also refers to a book of statistics or facts published annually. A yearbook often ...
s, for $1.5 billion.
On December 14, 2015,
Newell Rubbermaid
Newell Brands is an American manufacturer, marketer and distributor of consumer and commercial products. The company's brands and products include Rubbermaid storage and trash containers; home organization and reusable container products; Contig ...
announced that it would acquire Jarden for over $15 billion of cash and stock. The combined company is known as Newell Brands, with 55% owned by Newell's shareholders.
On June 5, 2018, Newell announced it was selling the
Rawlings Rawlings may refer to:
*Rawlings (company), a U.S. sports equipment company
*Rawlings, Maryland, an unincorporated community in Allegany County, Maryland
*Rawlings (surname)
Rawlings is an English-language surname. Notable people with the name in ...
division to a private equity group, SEP and MLB in order to focus on 9 core lines.
Name
The company was renamed from Alltrista in May 2002. Martin E. Franklin joined the company in 2001, Franklin decided to change the name of the company to something that represented the company's heritage, and future. Martin Franklin conceived the Jarden name by combining the heritage of the Ball Mason Jar ("Jar") with the concept of products being used in the home (the "den"). "Jarden" also invokes the French word for garden (jardin), since the company planned to expand its product range outside the home.
Brands
Branded Consumables
Branded Consumables are primarily niche, affordable, consumable household staples used in and around the home. Products tended to offer high gross margin with strong and stable cash flow generations. In July 2014, Branded Consumables delivered Net Sales of $3.0 billion with a Segment Earnings Margin of 17.4%.
*Acquisitions:
**
Breville
Breville is an Australian brand of small home appliances, founded in Sydney in 1932.[Sydney, Australia
Sydney ( ) is the capital city of the States and territories of Australia, state of New South Wales, and the most populous city in both Australia and List of cities in Oceania by population, Oceania. Located on Australia's east coast, the metro ...](_blank)
. Breville PTY (Australia) owns all rights to the Breville brand outside European market, and markets selected products in Europe under the Sage by Heston Blumenthal brand.
**
Holmes Products, founded in 1982, by Jordan Kahn, in
Milford, Massachusetts
Milford is a town in Worcester County, Massachusetts, United States. The population was 30,379 according to the 2020 census. First settled in 1662 and incorporated in 1780, Milford became a booming industrial and quarrying community in the 19th c ...
**
John Oster Manufacturing Company
John is a common English name and surname:
* John (given name)
* John (surname)
John may also refer to:
New Testament
Works
* Gospel of John, a title often shortened to John
* First Epistle of John, often shortened to 1 John
* Second ...
, founded in 1924
**
Mr. Coffee
Mr. Coffee is a registered trademark of Newell Brands. The Mr. Coffee brand manufactures automatic-drip kitchen coffee machines, as well as other products. The brand was founded in the early 1970s. Mr. Coffee has often been referenced in popula ...
, founded in 1972 in
Cleveland, Ohio
Cleveland ( ), officially the City of Cleveland, is a city in the U.S. state of Ohio and the county seat of Cuyahoga County. Located in the northeastern part of the state, it is situated along the southern shore of Lake Erie, across the U.S. ...
**
Sunbeam Products
Sunbeam Products is an American brand that has produced electric home appliances since 1910. Its products have included the Mixmaster mixer, the Sunbeam CG waffle iron, Coffeemaster (1938–1964) and the fully automatic T20 toaster.
The comp ...
, founded in 1897 in
Chicago, Illinois
(''City in a Garden''); I Will
, image_map =
, map_caption = Interactive Map of Chicago
, coordinates =
, coordinates_footnotes =
, subdivision_type = Country
, subdivision_name ...
**
The Rival Company
The Rival Company is an American manufacturer of small appliances that produces products under the Bionaire, Crock-Pot, Fasco, Patton, Pollenex, Rival, Simer, and White Mountain brands. It became a wholly owned subsidiary of Holmes Products Corp. ...
, founded in 1932
**Oster Clipper,
McMinnville, Tennessee
McMinnville is the largest city in and the county seat of Warren County, Tennessee, United States. The population was 13,605 at the 2010 census. It was named for Governor Joseph McMinn.
Geography
McMinnville is located at (35.686708, -85.779309) ...
Outdoor Solutions
Outdoor Solutions are recreational products designed to help consumers enjoy the outdoors. Jarden was one of the largest hard goods sporting equipment company in the world, with leadership positions in United States, Europe and Japan. In July 2014, Outdoor Solutions delivered Net Sales of $2.7 billion with a Segment Earnings Margin of 11.0%.
*Acquisitions
**
ABU Garcia
ABU Garcia, originally AB Urfabriken (Swedish: "Watch Factory Ltd."), then ABU Svängsta, is a fishing reel and equipment manufacturing company founded in Svängsta, Sweden, and is now owned by Pure Fishing conglomerate of the United States.
...
, founded in 1921 in
Svängsta,
Sweden
Sweden, formally the Kingdom of Sweden,The United Nations Group of Experts on Geographical Names states that the country's formal name is the Kingdom of SwedenUNGEGN World Geographical Names, Sweden./ref> is a Nordic country located on ...
.
**
Berkley, founded in 1937 in
Spirit Lake, Iowa
Spirit Lake is a city in Dickinson County, Iowa, United States. The population was 5,439 at the 2020 census. It is the county seat of Dickinson County.
The town is located along the western shore of East Okoboji Lake, in the Iowa Great Lakes reg ...
**
Coleman Company
The Coleman Company, Inc. is an American brand of outdoor recreation products, especially camping gear, now owned by Newell Brands. The company's new headquarters are in Chicago, and it has facilities in Wichita, Kansas, and in Texas. There are ...
, founded by
William Coffin Coleman
William Coffin Coleman (May 21, 1870 – November 2, 1957) was a businessman, the American founder of the Coleman Company, a maker of camping equipment, and a politician. He served as the Mayor of Wichita, Kansas from 1923 to 1924.
Biography ...
, in 1900 in
Kingfisher, Oklahoma
Kingfisher is a city in and the county seat of Kingfisher County, Oklahoma,. The population was 4,903 at the time of the 2020 census. It is the former home and namesake of Kingfisher College. According to the ''Encyclopedia of Oklahoma History ...
.
**
K2 Sports
K2 Sports, LLC (K2 Sports) is an American winter sports company headquartered in Seattle, Washington. K2 Sports operates the K2 Skis, K2 Snowboarding, K2 Skates, Backcountry Access, Ride Snowboards, Tubbs Snowshoes, Atlas Snow-Shoe Company, LIN ...
, founded in 1962 in
Seattle, Washington
Seattle ( ) is a port, seaport city on the West Coast of the United States. It is the county seat, seat of King County, Washington, King County, Washington (state), Washington. With a 2020 population of 737,015, it is the largest city in bo ...
.
**
Marker (ski bindings)
Marker International is a German manufacturing company of equipment for winter sports established in 1952 and headquartered in Straubing, Lower Bavaria. Founded by Hannes Marker, the company is known for pioneering releasable binding technology. ...
founded in 1952
**
Marmot
Marmots are large ground squirrels in the genus ''Marmota'', with 15 species living in Asia, Europe, and North America. These herbivores are active during the summer, when they can often be found in groups, but are not seen during the winter, w ...
, founded in 1974 in
Grand Junction, Colorado
Grand Junction is a home rule municipality that is the county seat and the most populous municipality of Mesa County, Colorado, United States. The city population was 65,560 at the 2020 United States Census, making Grand Junction the 17th mos ...
.
**
Penn Reels
Penn Fishing Tackle Manufacturing Company is an American manufacturer of fishing tackle, primarily known for making heavy-duty fishing reels and rods.
History
Otto Henze immigrated from Germany to the United States in 1922.“Penn Fishin ...
, founded in 1932 in
Philadelphia, Pennsylvania
Philadelphia, often called Philly, is the largest city in the Commonwealth of Pennsylvania, the sixth-largest city in the U.S., the second-largest city in both the Northeast megalopolis and Mid-Atlantic regions after New York City. Sinc ...
.
**
Rawlings Rawlings may refer to:
*Rawlings (company), a U.S. sports equipment company
*Rawlings, Maryland, an unincorporated community in Allegany County, Maryland
*Rawlings (surname)
Rawlings is an English-language surname. Notable people with the name in ...
, founded in 1887 in
St. Louis, Missouri
St. Louis () is the second-largest city in Missouri, United States. It sits near the confluence of the Mississippi River, Mississippi and the Missouri Rivers. In 2020, the city proper had a population of 301,578, while the Greater St. Louis, ...
.
**
Shakespeare Fishing Tackle
The Shakespeare Company is a subsidiary of Pure Fishing which manufactures fishing equipment. It was founded by William Shakespeare, Jr. in Kalamazoo, Michigan in 1897. It was moved to Columbia, South Carolina in 1970.
In June 2005, approximatel ...
, founded in 1897 in
Columbia, South Carolina
Columbia is the capital of the U.S. state of South Carolina. With a population of 136,632 at the 2020 census, it is the second-largest city in South Carolina. The city serves as the county seat of Richland County, and a portion of the city ...
.
**
Völkl
Völkl Ski International, GmbH, () is a sports equipment manufacturing company based in Bavaria, Germany. Initially it manufactured skis, but has extended its line to snowboards, outerwear, and tennis gear. Völkl's United States subsidiary is lo ...
, founded in 1923 in
Straubing
Straubing () is an independent city in Lower Bavaria, southern Germany. It is seat of the district of Straubing-Bogen. Annually in August the Gäubodenvolksfest, the second largest fair in Bavaria, is held.
The city is located on the Danube form ...
,
Germany
Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwe ...
.
**Worr Game Products, founded in 1987 in
Corona, California
Corona (Spanish for "Crown") is a city in Riverside County, California, United States. At the 2020 census, the city had a population of 157,136, up from 152,374 at the 2010 census. The cities of Norco and Riverside lie to the north and north ...
.
Consumer Solutions
In July 2014, Consumer Solutions had net Sales of $2.2 billion with a Segment Earnings Margin of 16.2%.
*Acquisitions:
**
Diamond Match Company
The Diamond Match Company has its roots in several nineteenth century companies. In the early 1850s, Edward Tatnall of Wilmington, Delaware was given an English recipe for making matches by a business acquaintance, William R. Smith. In 1853, Tatn ...
**
First Alert
First Alert is the retail brand of American safety equipment manufacturer BRK Brands, Inc., established in 1976 and based in Aurora, Illinois, with a production plant in Juarez, Mexico. Products sold with the brand include carbon monoxide detecto ...
, founded in 1958 in
Aurora, Illinois
Aurora is a city in the Chicago metropolitan area located partially in DuPage County, Illinois, DuPage, Kane County, Illinois, Kane, Kendall County, Illinois, Kendall, and Will County, Illinois, Will counties in the U.S. state of Illinois. Locat ...
.
**
United States Playing Card Company
The United States Playing Card Company (USPC, though also commonly known as USPCC) is a large American producer and distributor of playing cards. It was established in 1867 as Russell, Morgan & Co. and founded in its current incarnation in 1885. ...
, founded in 1867 in
Cincinnati, Ohio
Cincinnati ( ) is a city in the U.S. state of Ohio and the county seat of Hamilton County. Settled in 1788, the city is located at the northern side of the confluence of the Licking and Ohio rivers, the latter of which marks the state line wit ...
.
**
Yankee Candle
The Yankee Candle Company (referred to simply as Yankee Candle) is an American manufacturer and retailer of scented candles, candleholders, accessories, and dinnerware. Its products are sold by thousands of gift shops nationwide, through catal ...
, founded in 1969 in
South Deerfield, Massachusetts
South Deerfield is a census-designated place (CDP) in Deerfield, Franklin County, Massachusetts, United States. It is home to the Yankee Candle Company. At the 2010 census, the population of South Deerfield was 1,880.
South Deerfield is part of ...
.
Process Solutions
Jarden Corporation also owned Jarden Process Solutions that includes Jarden Plastic Solutions, Jarden Applied Materials, and Jarden Zinc Products.
Jarden Zinc Products
Jarden Zinc Products LLC. has been manufacturing continuous casting zinc strip since the late 1800s. The company is a subsidiary of One Rock Capital. The company is most notable for being the sole manufacturer of planchets used in the production o ...
is best known as the principal supplier of zinc for the manufacture of the
U.S. penny
The cent, the United States one-cent coin (symbol: Cent_(currency)#Symbol, ¢), often called the "penny", is a unit of currency equaling one one-hundredth of a United States dollar. It has been the lowest face-value physical unit of U.S. currenc ...
.
* Jarden Applied Materials
* Jarden Plastic Solutions
*
Jarden Zinc Products
Jarden Zinc Products LLC. has been manufacturing continuous casting zinc strip since the late 1800s. The company is a subsidiary of One Rock Capital. The company is most notable for being the sole manufacturer of planchets used in the production o ...
Lawsuits
In January 2006, a class action lawsuit was filed against Jarden Corp and its CEO for
securities fraud
Securities fraud, also known as stock fraud and investment fraud, is a deceptive practice in the stock or commodities markets that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in los ...
.
See also
*
List of outdoor industry parent companies
The following list is of outdoor brands that are owned by another entity. The brands listed are those specific to the outdoor sporting goods industry. Parent companies may own other brands that are not listed because those other brands are not m ...
References
External links
*
{{Authority control
Conglomerate companies of the United States
Ball Corporation
Newell Brands
Shoe companies of the United States
Sporting goods manufacturers of the United States
Skateboarding companies
Snowboarding companies
Surfwear brands
Companies based in Boca Raton, Florida
Conglomerate companies established in 1993
Manufacturing companies established in 1993
Manufacturing companies disestablished in 2016
1993 establishments in Florida
2016 disestablishments in Florida
Companies formerly listed on the New York Stock Exchange
2016 mergers and acquisitions
Corporate spin-offs
Defunct manufacturing companies based in Florida