On May 1, 2019, Newell Brands Inc. (NASDAQ: NWL) completed its divestiture of Process Solutions to an affiliate of One Rock Capital Partners, LLC, as it continues to execute on its Accelerated Transformation Plan.
Process Solutions, inclusive of Plastic Solutions, Lifoam, Consumer Table Top, Zinc Products and Applied Materials, manufactures custom-designed plastic, nylons, monofilament, and zinc products that solve health care, industrial and consumer challenges.
Newell Brands is a leading global consumer goods company with a strong portfolio of well-known brands.
Gowling WLG was Canadian counsel to Newell Brands with respect to both the Accelerated Transformation Plan and this divestiture with a team that included Paul Harricks, Faran Umar-Khitab and David Torchetti (corporate/M&A) and Michael Bussmann (tax).
Read the original article on GowlingWLG.com
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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
