-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Kgh/I0sueYOuHdSsKFY4MKabztJDWfgvrVFYtFwlRlJjrYiCYjYYYHh0Tnjfuy+L 7pI/ezzamhe5WLzhTWdiSA== 0000912057-01-544735.txt : 20020413 0000912057-01-544735.hdr.sgml : 20020413 ACCESSION NUMBER: 0000912057-01-544735 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20011217 ITEM INFORMATION: Acquisition or disposition of assets FILED AS OF DATE: 20011228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: UNITED INDUSTRIES CORP CENTRAL INDEX KEY: 0001083200 STANDARD INDUSTRIAL CLASSIFICATION: AGRICULTURE CHEMICALS [2870] IRS NUMBER: 431025604 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-76055 FILM NUMBER: 1824308 BUSINESS ADDRESS: STREET 1: 8825 PAGE BOULEVARD CITY: ST LOUIS STATE: MO ZIP: 63114 BUSINESS PHONE: 3144270780 MAIL ADDRESS: STREET 1: 8825 PAGE BOULEVARD CITY: ST LOUIS STATE: MO ZIP: 63114 8-K 1 a2066920z8-k.txt FORM 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 December 17, 2001 COMMISSION FILE NO. 333-76055 UNITED INDUSTRIES CORPORATION (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) DELAWARE 43-1025604 (STATE OR OTHER JURISDICTION OF (I.R.S EMPLOYER INCORPORATION OR ORGANIZATION) IDENTIFICATION NO.) 8825 PAGE BOULEVARD ST. LOUIS, MISSOURI 63114 (ADDRESS OF PRINCIPAL EXECUTIVE OFFICE, INCLUDING ZIP CODE) (314) 427-0780 (REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE) ITEM 1. CHANGES IN CONTROL OF REGISTRANT. None. ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS. A significant amount of assets were acquired on December 17, 2001. See attached Press Release for further discussion. ITEM 3. BANKRUPTCY OR RECEIVERSHIP. None. ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT. None. ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE. None. ITEM 6. RESIGNATIONS OF REGISTRANT'S DIRECTORS. None. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. None. ITEM 8. CHANGE IN FISCAL YEAR. None. 2 SIGNATURES - ---------- PURSUANT TO THE REQUIREMENTS OF THE SECURITIES AND EXCHANGE ACT OF 1934, THE REGISTRANT HAS DULY CAUSED THIS REPORT TO BE SIGNED ON ITS BEHALF BY THE UNDERSIGNED THEREUNTO DULY AUTHORIZED. UNITED INDUSTRIES CORPORATION DATED: DECEMBER 27, 2001 BY: /s/ DANIEL J. JOHNSTON ---------------------- NAME: DANIEL J. JOHNSTON TITLE: EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER 3 EX-99 3 a2066920zex-99.txt EXHIBIT 99 EXHIBIT 99 For More Information Contact: Steve Baker, steveb@jdpr.com or FOR RELEASE Jeff Dezen, jeffd@jdpr.com December 17, 2001 JDPR, 864-233-3776 www.homeandgardensolutions.com UNITED INDUSTRIES ACQUIRES LEADING CONSUMER FERTILIZER BRANDS LARGER PRODUCT PORTFOLIO COMPLEMENTED BY SALES-SERVICE AND MARKETING EXPERTISE St. Louis, MO - Advancing its strategic plan for growth in the consumer lawn and garden category, United Industries (United), which does business as Spectrum Brands, today announced that it has acquired leading consumer fertilizer brands VIGORO(R), STA-GREEN(R) and BANDINI(R), as well as acquiring licensing rights to the BEST(R) line of fertilizer products. The brands, formerly owned by Pursell Industries, complement United's consumer lawn, garden and insect control products including the well-known brands SPECTRACIDE(R), SPECTRACIDE TERMINATE(TM), PETERS(R), REAL KILL(R), NO-PEST(R), HOT SHOT(R) and CUTTER(R). Pursell will continue to manufacture, warehouse and distribute the fertilizer products for United under a long-term agreement. United will leverage its marketing and sales-service expertise to drive growth within the retail distribution channels. UNITED INCREASES TOP LINE BY NEARLY 50% The acquisition will add approximately $145MM in revenue to United's top line of approximately $300MM, increasing revenue by nearly 50%. According to United Chairman and CEO Bob Caulk, "The addition of these popular Brands to our portfolio of products is strategically important as it gives us the opportunity to expand our proven business model, bringing world class retail execution, focused marketing and operational excellence to a new category of products. This combination will strengthen our in-store presence and give us an opportunity to create a more efficient supply chain, benefiting both our customers and consumers alike. The transaction allows Pursell to realize their goal of focusing on their core strengths of fertilizer technology and manufacturing." Caulk added that the newly acquired brands will be managed out of United's St. Louis headquarters. United will offer jobs to a number of people currently employed by Pursell. Other employees will remain with Pursell to manage their on-going manufacturing operations. Caulk underscored, "Business continuity is our number-one objective. Now is the time to deliver on customers' expectations for the 2002 season. Both organizations are poised to deliver the quality products and services that our customers expect. We are thrilled with the consummation of this transaction and are already engaged in the key integration activities to make it a success." United Industries Corporation is the leading manufacturer and marketer of value and opening price point brand products for the consumer lawn and garden care and insect control markets in the United States. The company offers one of the broadest product lines in the industry under a variety of brand names including SPECTRACIDE(R), SPECTRACIDE TERMINATE(TM), REAL KILL(R), NO-PEST(R), HOT SHOT(R), CUTTER(R), STA-GREEN(R), VIGORO(R), BANDINI(R), PETERS(R), and BEST(R). FOR IMMEDIATE RELEASE Page 2 Certain matters discussed in this news release, with the exception of historical matters, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21G of the Securities Exchange Act of 1934 which involves risks and uncertainties. These forward-looking statements are based on the Company's current expectations. Actual results may differ materially from these statements as a result of changes in external competitive market factors, unanticipated changes in the Company's industry, or the economy in general, as well as various other factors, including weather patterns. The Company does not undertake any obligation to update or revise forward-looking statements made by or on its behalf, whether as a result of new information, future events or otherwise. # # # # -----END PRIVACY-ENHANCED MESSAGE-----