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Newell Rubbermaid buying Japanese child car seat maker

Newell Rubbermaid buying Japanese child car seat maker

Consumer products maker Newell Rubbermaid Inc. says is has agreed to buy a Japanese maker of strollers, car seats and other children's products.
The Atlanta-based company says it is acquiring Osaka, Japan-based Aprica Kassai Inc. for an undisclosed sum.
The acquisition will provide Newell Rubbermaid with a premium brand that has a leading position in Japan. Newell Rubbermaid already manufactures the Graco car seat. It also makes Sharpie pens and Rubbermaid trash cans.
The transaction is expected to close later this year.


Updated : 2020-12-01 13:59 GMT+08:00