| According to foreign media reports, the world's leading manufacturers of consumer products Spectrum Brands on June 16 announced the completion of well-known British manufacturer Russell Hobbs small appliances combined. According to
Understand the details of this merger is in accordance with the parties on February 9 this year, the agreement carried out. Spectrum Brands CEO, David Lumley (Dave Lumley) table
Said that the combined company Spectrum Brands will Russell Hobbs small appliances series of well-known brands such as Black & Decker, George Foreman, Littermaid,
Toastmaster's so into.
The two companies combined development prospects, David Lumley, said the merger will cut 2500 to 3000 million in expenses; In addition, the 2010 financial year
Spectrum Brands in the sale amount is expected to more than 3 billion U.S. dollars, profits are expected to reach 4. |
