Boston Daily Business News reports that the Jarden Corporation's purchase of the Holmes Group was finalized Monday.
Jarden, owner of the Sunbeam plant in Neosho, announced last month it had bought The Holmes Group, Inc., a transaction valued at $625 million. The purchase was made with $420 million in cash and 4.1 million shares of Jarden common stock, according to the Jarden news release.
Holmes manufactures and distributes home environment and small kitchen electric appliances, with name brands including Crock Pot, Harmony, Holmes, Bionaire, Rival, Seal-a-Meal, and WhiteMountain.
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