Pulse Home Products Investment Timeline

Rutland Acquires Pulse Home Products

6 August 2007

Rutland Partners announces that it has exchanged contracts to acquire Pulse Home Products Limited and the business of certain other domestic appliance brands (together “Pulse”) from Alba PLC for a total consideration of £51.5 million. The transaction is conditional, inter alia, on the approval of Alba shareholders at an EGM.

Pulse is one of the leading providers of branded goods to the UK home products market with a portfolio of brands including Breville, Nicky Clarke, JCB, Bush, Dirt Devil, Hinari and Power Devil.

Sale of Pulse Home Products

7 August 2012

Rutland Partners, the specialist turnaround and restructuring investor, announces that on 5 August 2012 it agreed and completed the sale of its entire interest in Pulse Home Products (“Pulse”) to Jarden Corporation.

The terms of the transaction are not being disclosed but represent an attractive return to Rutland.