Remington Products Corporation

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Remington Products Corporation - overview

Established

2000

Location

-, WI, US

Primary Industry

Consumer Services

About

Remington Products Corporation is a US-based company specializing in personal care and grooming products, focusing on hair styling, removal, and shaving solutions for diverse consumer needs. Founded in 2000, Remington Products Corporation designs and manufactures personal grooming products. The company underwent a significant pivot when it was acquired by Rayovac Corp. in an acquisition valued at approximately USD 322 mn on August 22, 2003.


Headquartered in the United States, Remington operates with a clear focus on innovation in grooming technology. Remington® specializes in a diverse range of personal care and grooming products, primarily focusing on hair styling, hair removal, and shaving solutions. Their flagship offering, the REMINGTON ONE™ Flat Iron + Curler, is a multi-functional styling tool that seamlessly transitions between a flat iron and curling wand, allowing users to achieve various hairstyles ranging from sleek and straight to voluminous curls. The company also features other notable products, including the Shine Therapy™ collection, which incorporates Ceramic Infusion Technology to deliver consistent heat and a radiant finish, and the WETech™ collection, which comprises waterproof grooming tools suitable for both dry and wet use.


Remington's products serve a wide demographic, catering to individuals seeking versatile and high-performance grooming solutions, with notable market presence in North America, Europe, and Asia-Pacific regions. Remington® generates revenue primarily through direct-to-consumer sales as well as partnerships with retailers and wholesalers. Their transaction structure typically involves retail sales of individual grooming products, with an emphasis on flagship offerings such as the REMINGTON ONE™ Flat Iron + Curler and various items from the Shine Therapy™ and WETech™ collections. Pricing structures are designed to appeal to a broad consumer base, ensuring accessibility across different market segments.


Customers can purchase these products through both online platforms and physical retail locations, which often feature promotions and discounts to encourage consumer engagement. The company's strategic approach to distribution aims to optimize both in-store visibility and online accessibility, ultimately enhancing customer experience and driving sales growth. Looking ahead, Remington Products Corporation plans to enhance its product line with upcoming releases focused on innovative grooming technology. The company is targeting expansion into emerging markets in Asia and Europe by 2025.


Recent funding from Rayovac Corp. , which culminated in a Trade Sale valued at USD 332 mn, will be utilized to support these new product developments and market penetration strategies.


Primary Industry

Consumer Services

Sub Industries

Consumer Products, Consumer Services

Website

www.remington-products.com

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Remington Products Corporation - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedRemington Products Corporation-
RecapitalisationCompletedRemington Products Corporation-

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