Tag Archives: James Lillie

Jarden Net Falls in Q4, Fiscal Year

Jarden Corpration

RYE, N.Y.-Despite a record-breaking sales total, Jarden posted a 24 percent drop in fourth-quarter net income, to $37 million. This brought the bottom-total for the housewares giant to $203.9 million, down 16.4 percent, for its fiscal year ending on Dec. 31. Net sales in the quarter reached a record $2.2 billion, up 21.8 percent. ForMore »

Jarden Finalizes Yankee Candle Acquisition

Jarden Corpration

RYE, N.Y.-Jarden Corp. has completed its acquisition of Yankee Candle from a fund managed by Madison Dearborn Partners, a private equity firm. The purchase price was about $1.75 billion in cash, which is subject to final working capital and other adjustments. James Lillie, Jarden’s CEO, said Yankee Candle would become part of the Jarden’s BrandedMore »

Jarden Net Falls 8.2 Percent in Q2

Jarden

RYE, N.Y.-Although sales increased, especially in the Consumer Solutions and Branded Consumables segments, Jarden’s second-quarter net income dropped 8.2 percent to $76.4 million. Net sales were up 5 percent to $1.8 billion in the quarter, which ended on June 30. Martin Franklin, Jarden’s executive chairman, said both Consumer Solutions (the segment which encompasses the company’sMore »