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Last Used 119 Days Ago Free Odor Reducing Carbon Filter 4-pack With Purchase Of WeMo Air Purifier Details: Get Free Odor Reducing Carbon Filter 4-pack ($21.99 Value) with Purchase of WeMo Air Purifier New  •air duct cleaning logan utah Last Used 37 Days Ago Free Holmes Odor Reducing Carbon Filter 4-pack With Purchase Of WeMo Air Purifier Details: Get Free Holmes Odor Reducing Carbon Filter 4-pack with Purchase of WeMo Air Purifier. summit storm air purifier Last Used 154 Days Ago Up To 40% Off Spring Fresh Comfort Sale Details: Up to 40% off Spring Fresh Comfort sale includes Air Purifiers, Fans, and Humidifiers. ionic bulb air purifierThe Holmes Group is a leading developer, manufacturer and marketer of kitchen products, including Crock Pot® slow cookers and Rival® cookware, and home comfort appliances, which include Holmes and Bionaire fans, heaters, humidifiers and air purifiers. 

Historically, Holmes sourced most of its products from China, and approximately half of its Chinese products, including electric motors, were manufactured in wholly-owned facilities.  Holmes' deep experience with such low cost offshore manufacturing, as well as its leading new product development capabilities, have enabled the company to win very high shelf penetration with most large retailers active in the kitchen and home comfort segments.Berkshire invested in Holmes in 1997 in a recapitalization that bought out the company's U.K.-based parent and again in 1999 in conjunction with Holmes' acquisition of the Rival Corporation.Holmes' founder had two objectives in originally speaking with Berkshire.  He wanted to find a partner who was more aligned with his desire to pursue strategic growth initiatives, and he wanted a close relationship with sophisticated investors who could help him with financial and strategic planning as well as think through the operating challenges that confronted him in his rapidly growing but intensely competitive and logistically complex business. 

He knew he wanted help, and the Berkshire resources and operating style were definitely attributes that he highly valued.In the almost eight year tenure of this investment, Holmes' management and the Berkshire team worked on a significant acquisition, a necessary restructuring to adjust for the slower than expected performance improvement of this acquired product line, searches for additional operating talent, multiple operating plans to address channel and growth issues, and finally, strategic M&A initiatives to either acquire or be acquired by complementary businesses that would ensure continued growth and scale to maintain Holmes' market leadership in its To focus on some of the highlights, in 1999 Holmes acquired Rival, a publicly-traded manufacturer and marketer of small kitchen appliances.  Berkshire played a very close role assisting with the planning for and execution of this acquisition.  In the subsequent period of underperformance, Berkshire provided both financial and analytical support to assist Holmes in overcoming the operating challenges that arose from integrating the two companies.