Who owns watkins products
Swander Pace Capital plans to carve out the business unit and turn it into a standalone company that will retain the J. Watkins brand name, according to a release. Terms of the deal were not disclosed. Watkins had been looking for a buyer to acquire the personal care and household business since April , according to documents that surfaced last July that were in connection with Watkins CEO Mark Jacobs ' divorce case.
At the time of the report surfacing, a deal was in the due diligence phase. The deal with Swander Pace Capital does not include the spices and extract business — which will keep their existing Watkins brand. Jacobs will continue his involvement with J. Watkins as vice chairman of the newly formed company, the release states. Please Sign In and use this article's on page print button to print this article.
The Watkins manufacturing plant has expanded to covering an entire city block with over 5 acres of floor space. The company Celebrates its 50th Anniversary and changes the company name to The J. Watkins Company. Watkins begins offering tours of the Watkins Headquarters, plant and research farm.
Up to , people a year would visit Watkins. Watkins launches a new program to recruit more women into its sales force.
The number of Watkins salesmen begins to decline as American change their shopping habits away from direct selling. Watkins introduces its first modern catalog that features product description, an illustration and price for each item. The company changes its name and is now known as Watkins Products, Inc. Watkins introduces new line of gourmet food products under the J.
Zachary label. Watkins is sold to Minnesota businessman Irwin L. Jacobs ending years of Watkins family ownership. Irwin Jacobs begins rebuilding the independent dealers sales force by offering new business opportunities and a better compensation plan.
Watkins introduces organic spices continuing its commitment to offering healthier and sustainable products. Rigley becomes President right.
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