Who Owns FoodSaver?
FoodSaver is owned by Newell Brands, a publicly traded American consumer goods company headquartered in Atlanta, Georgia. FoodSaver was acquired through Newell's 2015 merger with Jarden Corporation and is a leading food preservation brand globally. The company is listed on NASDAQ under ticker NWL.
Parent Company
Newell Brands
Acquired
2015
Status
Publicly Traded
Headquarters
Atlanta, Georgia, USA
Who Owns FoodSaver?
- Parent Company: Newell Brands
- Ownership Type: Wholly owned
- Acquisition Year: 2015
- Company Type: Publicly Traded
- Stock Ticker: NASDAQ: NWL
| Brand | Parent Company | Ownership Type |
|---|---|---|
| FoodSaver | Newell Brands | Wholly owned |
History of FoodSaver
- Founded: 1975
- Founders: Tilia International (internal development)
- Acquired by Newell Brands: 2015
FoodSaver was introduced in 1975 by Tilia International as a vacuum sealing system designed to preserve food freshness and extend shelf life. This founding vision demonstrated exceptional insight into the growing demand for food preservation solutions while establishing a distinctive approach that would define the food storage category for generations. The brand revolutionized food storage by providing consumers with an effective method to remove air from storage bags and containers, preventing spoilage and freezer burn. FoodSaver's innovative technology quickly established it as the leader in home food preservation systems. This strategic positioning demonstrated FoodSaver's exceptional ability to create differentiated food storage solutions while maintaining consistent brand positioning and quality standards that would define the brand for decades.
Throughout the 1980s and 1990s, FoodSaver expanded its product line to include various sealing systems, bags, and accessories, establishing itself as a comprehensive food preservation solution provider. This period of excellence demonstrated FoodSaver's exceptional ability to scale operations while maintaining consistent brand positioning and quality standards across multiple food storage segments. The brand became known for its reliability, effectiveness, and ease of use, appealing to consumers seeking to reduce food waste and save money on groceries. This strategic diversification demonstrated FoodSaver's exceptional ability to serve multiple consumer segments while maintaining its core brand identity and market leadership in the kitchen appliances industry.
In 2015, FoodSaver became part of Newell Brands through the company's acquisition of Jarden Corporation. This strategic integration demonstrated FoodSaver's exceptional ability to integrate into larger consumer goods corporations while maintaining its core brand identity and cultural significance in the food preservation industry. Under Newell's ownership, FoodSaver has continued to innovate with new sealing technologies, bag designs, and food preservation solutions. This strategic partnership demonstrated FoodSaver's exceptional ability to leverage corporate resources while maintaining its distinct food storage identity and market leadership. The brand has expanded globally and maintained its position as one of the world's leading food preservation brands. This continued excellence demonstrates FoodSaver's exceptional ability to maintain market leadership while adapting to changing food storage dynamics and corporate requirements. The brand's continued success represents a significant milestone in the evolution of food preservation and consumer-focused storage solutions.
About Newell Brands
Newell Brands is a leading global consumer goods company operating across five primary business segments: Commercial Solutions, Home Appliances, Home Solutions, Learning and Development, and Outdoor and Recreation. The company's portfolio includes over 20 major brands serving diverse consumer needs from writing instruments to kitchen appliances to baby products.
The company operates manufacturing and distribution facilities across multiple continents, serving customers in more than 100 countries. Newell Brands' success is built on its ability to acquire and integrate brands while maintaining their individual identities and market positions. The company invests significantly in product innovation, marketing, and supply chain optimization to drive growth and profitability.
- Founded: 1903
- Headquarters: Atlanta, Georgia, USA
- Company Type: Publicly Traded
- Stock: NASDAQ: NWL
Where Is FoodSaver Made / Based?
- Headquarters: Atlanta, Georgia, USA
- Manufacturing / Operations: United States, Mexico, China, Europe
Brands Owned by Newell Brands
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- Paper Mate - American brand of ballpoint pens and writing instruments manufactured and market...
- Parker - American brand of fine writing instruments manufactured and marketed by Newell B...
- Rubbermaid - American brand of household, commercial, and institutional products known for pl...
- Sharpie - American brand of permanent markers, pens, and highlighters manufactured and mar...
- Sunbeam - American brand of small kitchen appliances manufactured and marketed by Newell B...
- Yankee Candle - American brand of scented candles manufactured and marketed by Newell Brands, kn...
FoodSaver Ownership: Pros & Cons
Advantages
- +Leading market position in food preservation with strong brand recognition globally
- +Access to Newell Brands' extensive research and development resources
- +Strong global distribution network through Newell's established retail channels
- +Continuous innovation in vacuum sealing technology and product design
- +Premium quality standards maintained across all product lines
- +Significant marketing investment supporting brand awareness and consumer loyalty
Considerations
- -Premium pricing compared to generic or store-brand food storage solutions
- -Dependency on Newell Brands' corporate strategy and resource allocation
- -Competition from both multinational competitors and private label alternatives
- -Limited control over supply chain decisions as part of larger corporation
- -Exposure to broader consumer spending fluctuations affecting Newell's portfolio
- -Evolving market demands for sustainable and eco-friendly storage solutions
Frequently Asked Questions About FoodSaver
Competitors to FoodSaver
No direct competitors found in the same category. This could be because FoodSaveroperates in a unique market segment or we're still building our competitor database.
Newell Brands Stock Information
Jobs at Newell Brands
Latest News About FoodSaver
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