ITW (ITW) Sells 'Space Bag' Brand, Assets to SC Johnson
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Price: $70.42 -1.28%
Overall Analyst Rating:
NEUTRAL (
Down)
Dividend Yield: 2.2%
EPS Growth %: -1.0%
Overall Analyst Rating:
NEUTRAL (
Down)Dividend Yield: 2.2%
EPS Growth %: -1.0%
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SC Johnson is pleased to announce that it has reached an agreement to acquire ITW's (NYSE: ITW) global Space Bag brand and related assets.
"We're thrilled to add Space Bag to our family of long-respected, leading household brands," said Fisk Johnson, Chairman and CEO of SC Johnson. "It will enable us to strengthen our home storage offerings and it's a natural complement to our Ziploc® Brand business."
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"We're thrilled to add Space Bag to our family of long-respected, leading household brands," said Fisk Johnson, Chairman and CEO of SC Johnson. "It will enable us to strengthen our home storage offerings and it's a natural complement to our Ziploc® Brand business."
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