Newell Rubbermaid to Acquire Aprica
Associated Press
By HARRY R. WEBER – ATLANTA — Consumer products maker Newell Rubbermaid said Monday it has agreed to buy a Japanese maker of strollers, car seats and other children's products.
The Atlanta-based company said it is acquiring Osaka, Japan-based Aprica Kassai Inc. for an undisclosed sum...
A U.S. public company will acquire a premium brand of Japanese manufactured goods, albeit a brand with a drastically shrinking domestic market, in what seems an entirely amicable transaction.
Gee ...why don't all these stories end this way?
2 comments:
Quick. Japan has to pass a law restricting non-Japanese ownership of baby/child related products manufacturers. To prevent "confusion" of course.
Strollers, car seats, and baby products in Japan. Hmm. . . Either Newell Rubbermaid has a good export strategy in mind or their next big move is going to be the purchase of Brylcreem. Maybe they can get into the 3.5" floppy business, too.
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