Profile: Spectrum Brands Holdings Inc (SPB.N)

SPB.N on New York Stock Exchange

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Spectrum Brands Holdings, Inc. (SB Holdings) is a consumer products company. The Company manufactures and markets alkaline, zinc carbon and hearing aid batteries, herbicides, insecticides and repellants and specialty pet supplies. It designs and markets rechargeable batteries, battery-powered lighting products, electric shavers and accessories, grooming products and hair care appliances. SB Holdings designs, markets and distributes a range of small household appliances and personal care products. The Company’s consumer products have positions in seven product categories: consumer batteries; pet supplies; home and garden control products; electric shaving and grooming products; small appliances; electric personal care products, and portable lighting. It operates in three segments: Global Batteries & Appliances, which consists of its worldwide battery, electric shaving and grooming, electric personal care, portable lighting business and small appliances primarily in the kitchen and home product categories (Global Batteries & Appliances); Global Pet Supplies, which consists of its worldwide pet supplies business (Global Pet Supplies), and Home and Garden Business, which consists of the Company’s home and garden and insect control business (the Home and Garden Business). In April 2013, it acquired the residential lockset business of Tong Lung Metal Industry Co. Ltd.

In December 2011, the Company announced its United Pet Group (UPG) subsidiary completed the acquisition of FURminator, a provider of deshedding products to the pet industry, from HKW Capital Partners III, L.P. In November 2012, the Company acquired a 56% interest in Shaser Bioscience, Inc. In December 2012, the Company acquired Hardware & Home Improvement Group (HHI) of Stanley Black & Decker, Inc.

The Company’s manufacturing and product development facilities are located in the United States, Europe, Latin America and Asia. Substantially all of its rechargeable batteries and chargers, shaving and grooming products, small household appliances, personal care products and portable lighting products are manufactured by third-party suppliers, primarily located in Asia. It sells its products in approximately 130 countries through a variety of trade channels, including retailers, wholesalers and distributors, hearing aid professionals, industrial distributors and original equipment manufacturers (OEMs) and operates under the Rayovac, VARTA and Remington brands, and under the Tetra, 8-in-1, Spectracide, Cutter, Black & Decker, George Foreman, Russell Hobbs, Farberware and various other brands.

Consumer Batteries

The Company markets and sells a line of alkaline batteries (AA, AAA, C, D and 9-volt sizes) to both retail and industrial customers. Its alkaline batteries are marketed and sold primarily under the Rayovac and VARTA brands. The Company also manufactures alkaline batteries for third parties, who sell the batteries under their own labels. Its zinc carbon batteries are also marketed and sold primarily under the Rayovac and VARTA brands . It sells its hearing aid batteries through retail trade channels and directly to audiologists under brand names and private labels, including Beltone, Miracle Ear and Starkey. It also sells Nickel Metal Hydride (NiMH) rechargeable batteries and a variety of battery chargers under the Rayovac and VARTA brands. Its other specialty battery products include camera batteries, lithium batteries, silver oxide batteries, keyless entry batteries and coin cells for use in watches, cameras, calculators, communications equipment and medical instruments.

Pet Supplies

In the pet supplies product category the Company markets and sells a range of pet supplies for fish, dogs, cats, birds and other small domestic animals. It has a line of consumer and commercial aquatics products, including integrated aquarium kits, standalone tanks and stands, filtration systems, heaters, pumps, and other equipment, fish food and water treatment products. Its aquatics brands include Tetra, Marineland, Whisper, Jungle and Instant Ocean. It also sell a variety of specialty pet products, including dog and cat treats, small animal food and treats, clean up and training aid products, health and grooming aids, bedding products, and consumable accessories including privacy tents, litter carpets, crystal litter cartridges, charcoal filters, corn-based litter and replaceable waste receptacles. The Company’s specialty pet brands include 8-in-1, Dingo, Firstrax, Nature’s Miracle, Wild Harvest and Littermaid.

Home and Garden Control Products

In the home and garden control products category the Company sells and markets a number of home and garden care products, including household insecticides, insect repellent, herbicides, garden and indoor plant foods and plant care treatments. It offers a range of household insecticides, such as spider, roach and ant killer, flying insect killer, insect foggers, wasp and hornet killer, flea and tick control products and roach and ant baits. It also manufactures and markets a line of insect repellent products that provide protection from insects, especially mosquitoes. These products include both personal repellents, such as aerosols, pump sprays and wipes, as well as area repellents, such as yard sprays, citronella candles and torches. Its brands in the insect control category include Hot Shot, Cutter and Repel. The Company’s herbicides, garden and indoor plant foods and plant care treatment brands include Spectracide, Real-Kill and Garden Safe.

Electric Shaving and Grooming

The Company markets and sells a line of electric shaving and grooming products under the Remington brand name. These products include men’s rotary and foil shavers, beard and mustache trimmers, body trimmers and nose and ear trimmers, women’s shavers and haircut kits.

Small Appliances

The Company markets and sells a range of products in the household appliances category under the George Foreman, Black &Decker, Russell Hobbs, Farberware, Juiceman, Breadman and Toastmaster brands, including grills, bread makers, sandwich makers, kettles, toaster ovens, toasters, blenders, juicers, can openers, coffee grinders, coffeemakers, electric knives, deep fryers, food choppers, food processors, hand mixers, rice cookers and steamers. It also markets small home product appliances, including hand-held irons, vacuum cleaners, air purifiers, clothes shavers and heaters, primarily under the Black & Decker and Russell Hobbs brands. Russell Hobbs’ personal care products in the small appliances category include hand-held dryers, curling irons, straightening irons, brush irons, air brushes, hair setters, facial brushes, skin appliances and electric toothbrushes, which are primarily marketed under the Russell Hobbs, Carmen and Andrew Collinge brands.

Electric Personal Care Products

Its electric personal care products are marketed and sold under the Remington, Russell Hobbs, Carmen and Andrew Collinge brand names. These products include hair dryers, straightening irons, styling irons and hair setters.

Portable Lighting

The Company offers a line of battery-powered, portable lighting products, including flashlights and lanterns for both retail and industrial markets. SB Holdings sells its portable lighting products under the Rayovac and VARTA names, under other brand names and pursuant to licensing arrangements with third parties.

The Company competes with Energizer Holdings, Inc., The Procter & Gamble Company, Matsushita, Mars Corporation, The Hartz Mountain Corporation, Central Garden & Pet Company, The Scotts Miracle-Gro Company, Bayer A.G., S.C. Johnson & Son, Inc., Scotts Company, Henkel KGaA., Koninklijke Philips Electronics NV, Jarden Corporation, DeLonghi America, Euro-Pro Operating LLC, Metro Thebe, Inc., NACCO Industries, Inc., SEB S.A., Conair Corporation, Wahl Clipper Corporation, Helen of Troy Limited, Energizer and Mag Instrument, Inc.

Company Address

Spectrum Brands Holdings Inc

601 Rayovac Drive
MADISON   WI   53711
P: +1608.2753340
F: +1302.6365454

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