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Spectrum Brands Holdings

Spectrum Brands, HRG Group to merge in $10 billion deal

Spectrum Brands, HRG Group to merge in $10 billion deal

MIDDLETON, Wis., and NEW YORK — Consumer products giant Spectrum Brands Holdings Inc. plans to combine with its largest shareholder, public holding company HRG Group Inc., in a transaction valued at $10 billion. The companies said Monday that, under the agreement, HRG will effect a reverse stock split in which HRG shareholders will receive in the

Maura sharpens focus on Spectrum Brands

Maura sharpens focus on Spectrum Brands

MIDDLETON, Wis. — David Maura, executive chairman of Spectrum Brands Holdings Inc., has resigned from HRG Group Inc., which holds a majority stake in the company. Spectrum Brands said Maura’s departure from HRG, a diversified holding company, took effect Nov. 29 and that the move will enable him to further concentrate on helping to develop

Spectrum Brands to enlarge global headquarters

Spectrum Brands to enlarge global headquarters

MIDDLETON, Wis. — Spectrum Brands Holdings Inc. plans to expand its world headquarters building to accommodate growth over the next several years. The consumer products company said plans call for a 30,000-square-foot addition to be made at the south end of its four-story, 220,000-square-foot headquarters, located at 3001 Deming Way in Middleton, Wis. Groundbreaking set

Spectrum Brands tabs Maura as executive chairman

Spectrum Brands tabs Maura as executive chairman

MIDDLETON, Wis. — Spectrum Brands Holdings Inc. has named David Maura as executive chairman of its board of directors. The consumer products company said Thursday that Maura, 43, assumes the new role effective immediately. He has served as a Spectrum Brands director since June 2010 and as interim board chairman before becoming the full-time chairman

Spectrum Brands to buy Armored AutoGroup for $1.4 billion

MIDDLETON, Wis. — Spectrum Brands Holdings Inc. plans to acquire automotive products company Armored AutoGroup Parent Inc. from Avista Capital Partners in a $1.4 billion deal. Spectrum Brands said late Tuesday that the agreement has been approved by the boards of both companies, and the transaction is expected to close before the end of Spectrum’s fiscal third quarter on June

Spectrum Brands names new CEO

MIDDLETON, Wis. — Andreas Rouvé has been elected chief executive officer of Spectrum Brands Holdings Inc., succeeding Dave Lumley, who plans to retire from the company. Spectrum Brands said Monday that Rouvé, 53, is slated to take the CEO reins effective April 1. He has served as the consumer products company’s chief operating officer since