Jarden
Encyclopedia
Jarden Corporation, is an America
conglomerate
of many well-known consumer product brand
s in the areas of kitchen electronics, kitchen cookware, kitchen tools, gaming, arts & crafts, home storage, and clothing. In 2006, it was ranked #585 on the Fortune 1000
. Its current market cap is $3 billion US.
In March 1998, Sunbeam Corporation acquired the Coleman Company and Coleman Powermate. In December 2002, Sunbeam Corporation filed Chapter 11 bankruptcy and canceled its common stock. When it emerged from bankruptcy, Sunbeam changed its name to American Household, Inc., a privately held company. In January 2005, Jarden acquired American Household, Inc. which then comprised The Coleman Company, Inc.
, Campingaz, Coleman, Powermate, First Alert, and BRK; and Sunbeam Products, Inc.
, comprising Sunbeam, Health o meter, Mr. Coffee
, and Oster
.
In April 2002, Alltrista acquired Tilia International, Inc. for $145 million, involving the trademarks Foodsaver and VillaWare. In November 2002, Jarden purchased Diamond Brands, Inc. (formerly Diamond Match Company
), which had been in Chapter 11 bankruptcy proceedings. Trademarks involved include Diamond and Forster. In September 2003, Jarden acquired Lehigh Consumer Products Corporation. Trademarks involved include Crawford, Lehigh, and Leslie-Locke.
In March 2004, Jarden acquired Loew-Cornell, a maker of brushes and other arts and crafts supplies. Trademarks involved include American Painter, Arttec, and Contemporary Crafts. In June 2004, Jarden bought a 75% stake in the privately held U.S. Playing Card Company, and in October 2004 it purchased the remaining 25%. Trademarks included Bee, Bicycle, Aviator, and Hoyle.
In July 2005, Jarden acquired The Holmes Group, maker of home and kitchen products, for approximately $420 million in cash and 6.2 million shares of Jarden common stock. Trademarks involved include Rival
, Crock-Pot, Seal-a-Meal, and Bionaire.
In September 2006, Jarden acquired PineMountain firelogs, candles, and firestarters from Conros Corporation.
On August 9, 2007, Jarden acquired K2 Sports
for US$ 1.2 Billion. K2 has brands such as Adio
, ExOfficio, JT Sports, Marker
, Marmot
, Penn, Rawlings
, Ride, Sevylor
, Shakespeare, Stearns, Völkl
, Worth and Miken Sports under its umbrella.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
conglomerate
Conglomerate (company)
A conglomerate is a combination of two or more corporations engaged in entirely different businesses that fall under one corporate structure , usually involving a parent company and several subsidiaries. Often, a conglomerate is a multi-industry company...
of many well-known consumer product brand
Brand
The American Marketing Association defines a brand as a "Name, term, design, symbol, or any other feature that identifies one seller's good or service as distinct from those of other sellers."...
s in the areas of kitchen electronics, kitchen cookware, kitchen tools, gaming, arts & crafts, home storage, and clothing. In 2006, it was ranked #585 on the Fortune 1000
Fortune 1000
Fortune 1000 is a reference to a list maintained by the American business magazine Fortune. The list is of the 1000 largest American companies, ranked on revenues alone...
. Its current market cap is $3 billion US.
History
In March 1993, Ball Corporation spun off its canning business as a new company called Alltrista Corporation. In June 2002, Alltrista changed its name to Jarden Corporation. The spin-off held the names Kerr, Ball, and Bernardin.In March 1998, Sunbeam Corporation acquired the Coleman Company and Coleman Powermate. In December 2002, Sunbeam Corporation filed Chapter 11 bankruptcy and canceled its common stock. When it emerged from bankruptcy, Sunbeam changed its name to American Household, Inc., a privately held company. In January 2005, Jarden acquired American Household, Inc. which then comprised The Coleman Company, Inc.
Coleman Company
Coleman Company, Inc., is an American company that specializes in outdoor recreation products. Historically, Coleman is known for camping gear....
, Campingaz, Coleman, Powermate, First Alert, and BRK; and Sunbeam Products, Inc.
Sunbeam Products
Sunbeam Products is an American brand that has produced electric home appliances since 1910. Their products have included the Mixmaster mixer, the Sunbeam CG waffle iron, Coffeemaster and the fully automatic T20 toaster. Sunbeam is owned by Jarden Consumer Solutions after Jarden's acquisition in...
, comprising Sunbeam, Health o meter, Mr. Coffee
Mr. Coffee
Mr. Coffee is a registered trademark of Sunbeam Products, Inc. d/b/a Jarden Consumer Solutions. The Mr. Coffee brand manufactures automatic-drip kitchen coffee machines as well as other products.-History:...
, and Oster
John Oster Manufacturing Company
The John Oster Manufacturing Company was a maker of small appliances. The Oster brand is continued today as a trademark of the Sunbeam Corporation....
.
In April 2002, Alltrista acquired Tilia International, Inc. for $145 million, involving the trademarks Foodsaver and VillaWare. In November 2002, Jarden purchased Diamond Brands, Inc. (formerly Diamond Match Company
Diamond Match Company
The Diamond Match Company was the largest manufacturer of matches in the United States in the late nineteenth century. Jarden is the current owner of the Diamond brand.-History:...
), which had been in Chapter 11 bankruptcy proceedings. Trademarks involved include Diamond and Forster. In September 2003, Jarden acquired Lehigh Consumer Products Corporation. Trademarks involved include Crawford, Lehigh, and Leslie-Locke.
In March 2004, Jarden acquired Loew-Cornell, a maker of brushes and other arts and crafts supplies. Trademarks involved include American Painter, Arttec, and Contemporary Crafts. In June 2004, Jarden bought a 75% stake in the privately held U.S. Playing Card Company, and in October 2004 it purchased the remaining 25%. Trademarks included Bee, Bicycle, Aviator, and Hoyle.
In July 2005, Jarden acquired The Holmes Group, maker of home and kitchen products, for approximately $420 million in cash and 6.2 million shares of Jarden common stock. Trademarks involved include Rival
The Rival Company
The Rival Company was an American manufacturer of small appliances that produced products under the Bionaire, Crock-Pot, Fasco, Patton, Pollenex, Rival, Simer, and White Mountain brands. They became a wholly owned subsidiary of Holmes Products Corp...
, Crock-Pot, Seal-a-Meal, and Bionaire.
In September 2006, Jarden acquired PineMountain firelogs, candles, and firestarters from Conros Corporation.
On August 9, 2007, Jarden acquired K2 Sports
K2 Sports
K-2, Corporation. was founded in 1961 by brothers Bill and Don Kirschner on Vashon Island, near Seattle, Washington. K2 is known for pioneering fiberglass ski technology, which made skis significantly lighter and more lively than their wood and metal contemporaries...
for US$ 1.2 Billion. K2 has brands such as Adio
Adio
Adio Footwear is a skateboarding footwear and clothing company, founded by skater Chris Miller in 1999. It was later acquired by K2, based in Carlsbad, California. K2 was acquired by the Jarden Corporation in 2007....
, ExOfficio, JT Sports, Marker
Marker (alpine bindings)
Marker has been a manufacturer of alpine ski bindings since 1952. Founded by Hannes Marker, the company is known for pioneering releasable binding technology. Marker's first model, the Duplex, led the way and was followed in 1953 by the highest binding ever, the simplex toe...
, Marmot
Marmot (company)
Marmot is an outdoor clothing and sporting goods company founded in 1973. The company was founded by two University of California, Santa Cruz students who wished to make their own mountaineering equipment. The company has received numerous awards, including Backpacker magazine's Editor's Choice...
, Penn, Rawlings
Rawlings (company)
Rawlings is a sports equipment manufacturing company in the United States. It was founded in 1887. The parent company is Jarden, Inc. Rawlings specializes in baseball equipment, but also manufactures softball, basketball, training equipment and American footballs...
, Ride, Sevylor
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 manufacturer of consumer rubber rafts in the world. In 2004, Sevylor was acquired by National Ventures of Huntington Beach, CA in 2004 and is now based in the United States....
, Shakespeare, Stearns, Völkl
Völkl
Völkl is a sports equipment manufacturer based in Germany. It is a subsidiary of the Jarden Corporation. Initially it manufactured skis, but has extended its line to snowboards, outerwear, and tennis gear...
, Worth and Miken Sports under its umbrella.
External links
- Official websites
- Jarden.com
- JardenStore.com - end user, unified point-of-sale
- Full company description of Jarden, from ReutersReutersReuters is a news agency headquartered in New York City. Until 2008 the Reuters news agency formed part of a British independent company, Reuters Group plc, which was also a provider of financial market data...