Yankee Candle is being prepared for sale, according to a Reuters report
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03/12/2013 11:59 AM
Yankee Candle Co Inc., the large scented candle company headquartered in Deerfield, is being prepared for a sale by its private equity owner, the Reuters news service is reporting Tuesday.
Photo taken from Yankee Candle’s website.
Reuters cited “three people familiar with the matter” as the basis of its report.
A Yankee Candle spokeswoman said that the company does not comment on rumors.
Yankee Candle was was acquired by Chicago-based buyout firm Madison Dearborn Partners for $1.6 billion in 2006. The company reported 2012 revenue of $844.2 million.
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