Spectrum Brands Files Registration Statement for Spin-Off of its Home & Personal Care Business
03 July 2024 - 6:53AM
Business Wire
Spectrum Brands Holdings, Inc. (NYSE: SPB; “Spectrum Brands”), a
leading home essentials company focused on driving innovation and
providing exceptional customer service, is pleased to announce that
it has filed a confidential Form 10 registration statement with the
U.S. Securities and Exchange Commission (“SEC”) for the spin-off of
its home and personal care (“HPC”) business.
As previously announced, Spectrum Brands has accelerated its
efforts to separate its HPC business from its remaining businesses
through a spin-off, sale, merger or other strategic transaction.
The filing of the confidential Form 10 registration statement with
the SEC represents an important step forward in this process. The
filing of the Form 10 registration statement does not obligate
Spectrum Brands to complete the spin-off or engage in any other
transaction.
About Spectrum Brands Holdings, Inc.
Spectrum Brands Holdings is a home-essentials company with a
mission to make living better at home. We focus on delivering
innovative products and solutions to consumers for use in and
around the home through our trusted brands. We are a leading
supplier of specialty pet supplies, lawn and garden and home pest
control products, personal insect repellents, shaving and grooming
products, personal care products, and small household appliances.
Helping to meet the needs of consumers worldwide, Spectrum Brands
offers a broad portfolio of market-leading, well-known and widely
trusted brands including Tetra®, DreamBone®, SmartBones®, Nature’s
Miracle®, 8-in-1®, FURminator®, Healthy-Hide®, Good Boy®, Meowee!®,
OmegaOne®, Spectracide®, Cutter®, Repel®, Hot Shot®, Rejuvenate®,
Black Flag®, Liquid Fence®, Remington®, George Foreman®, Russell
Hobbs®, BLACK + DECKER®, PowerXL®, Emeril Lagasse®, and Copper
Chef®. For more information, please visit www.spectrumbrands.com.
Spectrum Brands – A Home Essentials Company™.
Forward-looking Statements
We have made or implied certain forward-looking statements in
this document and may make additional oral forward-looking
statements from time to time. All statements, other than statements
of historical facts included in this document, including, without
limitation, statements or expectations regarding the separation of
its HPC business from its remaining businesses via a spin-off,
sale, merger or other strategic transaction, are forward-looking
statements. There can be no assurance that the separation of the
HPC business will be completed on a timely basis or at all. When
used in this document, the words planned, expect, and similar
expressions are intended to identify forward-looking statements,
although not all forward-looking statements contain such
identifying words. Since these forward-looking statements are based
upon our current expectations of future events and projections and
are subject to a number of risks and uncertainties, many of which
are beyond our control and some of which may change rapidly, actual
results or outcomes may differ materially from those expressed or
implied herein, and you should not place undue reliance on these
statements. Except as required by applicable law, we undertake no
obligation to publicly update or revise any forward-looking
statement, whether as a result of new information, future events or
otherwise, to reflect actual results or changes in factors or
assumptions affecting such forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20240701728059/en/
Investor/Media Contact: Joanne Chomiak 608-275-4458
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