Doms Industries jumps 8% on $3.7M deal to acquire Reynolds brand assets from Newell

Doms Industries signed a $3.70 million asset purchase agreement with Newell Brands subsidiaries Sanford LP and Paper Mate to acquire Reynolds-branded pens, markers, highlighters and school supplies. Deal completion is scheduled for July 1, 2026, expanding Doms' writing instruments portfolio.

— Filed Thu, 11 Jun, 2026, 15:02 IST · Source Mint · Markets · Updated

Doms Industries shares rose 8% after signing a $3.70 million asset purchase agreement with Newell Brands subsidiaries to acquire Reynolds-branded pens, markers, highlighters and school supplies, with completion scheduled for July 1, 2026.