ITW (ITW) Sells 'Space Bag' Brand, Assets to SC Johnson

June 29, 2012 10:46 AM EDT
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 ZiplocĀ® Brand business."


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