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Newell Rubbermaid will pay $210 million for Baby Jogger, which is currently owned by a private equity firm, in a sale that is expected to be finalized by the end of 2014, according to the Journal.
Newell Rubbermaid will add Baby Jogger to its Baby & Parenting brands segment, which already includes car-seat maker Graco and Aprica, a Japanese baby stroller manufacturer.
Baby Jogger's 2014 sales are expected to reach $90 million.
Scott is a veteran running, fitness, and health journalist who has held senior editorial positions at Runner’s World and Running Times. Much of his writing translates sport science research and elite best practices into practical guidance for everyday athletes. He is the author or coauthor of several running books, including Scott has also written about running for, Advanced Marathoning, and This Top-Rated Jogging Stroller Is Amazons Deal of the Day. Rubbermaid to Buy Baby Jogger Slate, The Atlantic, the Washington Post, and other members of the sedentary media. His lifetime running odometer is past 110,000 miles, but he’s as much in love as ever.
