Woodstream Corporation Acquires CobraCo Manufacturing, Inc.
Woodstream Corporation, a portfolio company of Code Hennessy & Simmons LLC (“CHS“) and Brockway Moran & Partners, has acquired CobraCo Manufacturing, Inc., (“CobraCo“) a leading designer and marketer of decorative lawn and garden products.
Headquartered in Lake Zurich, Illinois, CobraCo designs and markets a broad line of wire flower boxes and plant stands, planters, baskets, fire pits, lawn edging and related accessories sold primarily under the Cobra® brand name. Both CobraCo’s and Woodstream’s products are sold at do-it-yourself home centers, big box retailers, hardware stores and lawn and garden distributors throughout the United States, Canada and other international markets. CobraCo’s complementary products will enhance Woodstream’s presence in the lawn and garden category.
“CobraCo’s innovative designs, patented functionality and strong customer relationships make it an excellent addition to Woodstream’s existing lawn and garden business,“ said Harry E. Whaley, President and CEO of Woodstream. “The ability to offer CobraCo’s products alongside Woodstream’s products allows us to better serve our customers.“
Woodstream, headquartered in Lititz, Pennsylvania, manufactures and markets a broad portfolio of branded consumer and professional products, including Victor® (recognized by the red V® trademark) rodent control solutions, Havahart® animal caring and control products, Safer® natural solutions for the lawn and garden, and Perky-Pet® wild bird feeders among others. The company’s products, which have leading market share positions within their respective segments, are sold at more than 100,000 retail locations and to professional pest control providers throughout the United States, Canada and other international markets. For additional information about Woodstream, please refer to the company’s website at www.woodstream.com.
CHS is a Chicago-based private equity firm specializing in private equity investments and recapitalizations of middle market companies in partnership with management. CHS targets well-managed companies focused on growth with enterprise values between $100 million and $1 billion. With particular expertise in the Business & Consumer Services, Consumer Products, Distribution, and Infrastructure & Industrial Products sectors, CHS has completed 71 platform investments and 169 add-on investments. Founded in 1988, CHS has formed five private equity funds and currently manages over $2.5 billion of capital. For additional information about CHS, please refer to the firm’s website at www.chsonline.com.