Spectrum Brands to Acquire Armored AutoGroup

April 29, 2015 1:54 AM

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Spectrum Brands Holdings Inc. agreed to acquire Armored AutoGroup Parent Inc. from private-equity firm Avista Capital Partners in a $1.4 billion deal that includes assumed debt.

Armored AutoGroup's products include the Armor All and STP brands. The Danbury, Conn., company emerged with a new name after Avista acquired Clorox Co.'s global auto-care business in late 2010.

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