Elmer's Glue owner explores potential sale - sources

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Elmer's Products Inc, the owner of the popular U.S. school glue brand, is exploring a sale that could value it at close to $400 million, including debt, according to people familiar with the matter. Berwind Corp, the investment vehicle of the wealthy Berwind family that owns Elmer's Products, has hired investment bank Robert W. Baird & Co to explore a sale, the sources said this week. Elmer's has annual earnings before interest, taxes, depreciation and amortization of around $53 million, according to the sources.
Elmer's Products Inc, the owner of the popular U.S. school glue brand, is exploring a sale that could value it at close to $400 million, including debt, according to people familiar with the matter. Berwind Corp, the investment vehicle of the wealthy Berwind family that owns Elmer's Products, has hired investment bank Robert W. Baird & Co to explore a sale, the sources said this week. Elmer's has annual earnings before interest, taxes, depreciation and amortization of around $53 million, according to the sources.
Elmer's Products Inc, the owner of the popular U.S. school glue brand, is exploring a sale that could value it at close to $400 million, including debt

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Elmer's Products, Inc. is a company rich in history and tradition. Since the 1940's the Elmer's family of products has developed to meet the ever-changing needs of consumers. They range from a full line of adhesives, arts, crafts, and educational products for children to a complete offering of craft, hobby, office, and home repair products for adults. Acid-free and photo safe, Elmer's Repositionable Spray Adhesive is specially formulated for mounting items to a variety of surfaces.