Canadian Manufacturing

Armor All maker sells for US$1.4B

The deal will give Spectrum Brands Armor All's protectants

April 29, 2015  by The Associated Press

NEW YORK—Spectrum Brands is buying Armored AutoGroup, the maker of Armor All and STP car care products, for $1.4 billion in cash and stock.

The deal will give Spectrum Brands Armor All’s protectants, tire and wheel-care products, and air fresheners, along with STP’s fuel additives and A/C Pro air conditioner recharge products.

Spectrum Brands owns Kwikset locks, George Forman grills, Black & Decker power tools and home improvement products, Rayovac batteries and Farberware cookware.

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