Tag Archives: Nacco Spinoff

Everything But the Kitchen Sink – NACCO to Spin Off Hamilton Beach Kitchen Appliance Division

NACCO Industries (NC) announced Monday that it has filed with the SEC regarding “a proposed spin-off… of its housewares-related business to NACCO shareholders.” Remaining in the company would be its mining business — I guess there just isn’t a market for coal-powered blenders. From the press release: Hamilton Beach Brands Holding Company, as an independent public company, will… Read More »

Further Reading On Nacco’s Hyster-Yale Spin

Normally, there is plenty of time to dig into spinoff opportunities. It often feels like the process goes on forever. There are a few occasions though where that luxury does not exist, such as when a company moves quickly or, more likely, when you simply just found out about the situation at a later date. That seems to… Read More »