Cases & Deals

Newell Brands sells The Waddington Group to Novolex for approximately $2.3 billion

Clients Newell Brands Inc.

Jones Day advised Newell Brands Inc. in its sale of The Waddington Group to Novolex Holdings, a portfolio company of The Carlyle Group, for approximately $2.3 billion in cash. The Waddington Group comprises a global disposable food products brand portfolio, including Eco-Products® (green packaging), POLAR PAK® (containers, serving ware, drink-ware and cutlery), and Masterpiece® (upscale disposable plastic products).