Moody's says that Spectrum Brand's separation of appliance business, Tristar acquisition, adds to portfolio reshaping considered in review
Announcement: Moody's says that Spectrum Brand's separation of appliance business, Tristar acquisition, adds to portfolio reshaping considered in review. Global Credit Research- 08 Feb 2022. New York, February 08, 2022-- Moody's Investors Service commented that Spectrum Brands, Inc.' s plans to separate its appliance business and to acquire Tristar Product's Kitchen Appliance Segment adds to its ongoing portfolio reshaping plans and will be considered in the review for...Spectrum Brands Holdings manufactures, markets and/or distributes its products globally in the North America, Europe, Middle East and Africa, Latin America and Asia-Pacific regions through retailers, wholesalers and distributors, original equipment manufacturers and construction companies. The company's segments are: Hardware and Home Improvement, which includes security, plumbing and accessories, and builders' hardware product categories; Home and Personal Care, which includes home appliances and personal care product categories; Global Pet Care, which includes companion animal and aquatics product categories; and Home and Garden, which includes household and controls product categories.
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