Newell selling brands

After selling and licensing some Rubbermaid business, Newell Brands is planing to sell its ski and winter sports brands Volkl and K2.

In addition Newell is selling the Pine Mountain business, as well as the Diamond business. It will retain other Diamond-branded products, such as plastic cutlery, as well as its First Alert home safety business.

In October 2016, the company sold its tools business to Stanley Black & Decker for $1.95 billion.