Yankee Candle is owned by Newell Brands (the United States, NASDAQ: NWL), which acquired the brand on 15 April 2016 for $15.4 billion.[1][2] Yankee Candle was founded in 1969 in Massachusetts and was independent until 2016.
Yankee Candle began in 1969 when a Massachusetts teenager melted crayons to make a candle as a Christmas present for his mother, and grew into the largest scented candle business in the United States. It came to Newell with the Jarden acquisition in 2016.
Newell Rubbermaid acquired Jarden for about $15.4 billion and renamed itself Newell Brands, roughly doubling in size overnight. Jarden had itself been assembled from dozens of acquisitions, and the combined company spent the following years selling many of them again after the debt proved heavier than the integration was worth.
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Frequently asked questions
Who is the parent company of Yankee Candle?
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The parent company of Yankee Candle is Newell Brands, a publicly listed company headquartered in the United States.
Is Yankee Candle American?
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Yes. Yankee Candle originated in the United States in 1969 and its owner, Newell Brands, is also headquartered in the United States.
When did Newell Brands buy Yankee Candle?
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Newell Brands completed its acquisition of Yankee Candle on 15 April 2016, after announcing the deal on 14 December 2015. The deal was valued at $15.4 billion (enterprise value).
Who owned Yankee Candle before Newell Brands?
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Yankee Candle was an independent company from its founding in 1969 in Massachusetts until Newell Brands acquired it in 2016.
Is Yankee Candle still owned by Newell Brands?
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Yes. As of 16 September 2026, Yankee Candle is still owned by Newell Brands. The ownership record was last checked against primary sources on that date.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.