Gowling WLG advises Newell Brands on USD$240-million sale of winter sports business to Kohlberg

17 July 2017

On July 17, 2017, Newell Brands Inc. completed the sale of its winter sports business to Kohlberg & Company, L.L.C. in a USD$240-million transaction. The winter sports business includes brands K2 and Volkl.

Kohlberg & Company, L.L.C. is a leading private equity firm specializing in middle-market investing.

Newell Brands is a leading global consumer goods company with a strong portfolio of well-known brands, including Paper Mate, Sharpie, Elmer's, Coleman, Oster, Sunbeam, Rubbermaid and Yankee Candle.

Gowling WLG acted as Canadian counsel to Newell Brands with a team led by Paul Harricks that included Faran Umar-Khitab and Nick Scissons (M&A) and Mariam Al-Shikarchy (tax).

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