As an expert sommelier and brewer, I may not have extensive knowledge about the ownership of Expo markers, but I can certainly provide you with a detailed answer based on my research.
The company that currently owns Expo markers is Newell Brands, a Fortune 500 company. However, it is interesting to note that this was not always the case. In fact, Sanford, the original company behind Expo markers, was acquired by Newell Company on February 14, 1992.
Now, let's delve into the history of Sanford and how it eventually became a part of Newell Brands. Sanford was founded in 1857 as a manufacturer of ink and glue. Over the years, the company expanded its product range to include various writing instruments, such as pens, pencils, and markers.
Fast forward to August 1976, when Sanford introduced the first Expo dry erase marker. This revolutionary product quickly gained popularity due to its ability to write on whiteboards and easily erase without leaving behind any residue. Expo markers became a staple in classrooms, boardrooms, and households around the world.
In 1992, Sanford found a new home under the ownership of Newell Company. The acquisition of Sanford was a strategic move by Newell to expand its presence in the writing instruments market. Newell Company, which has since rebranded itself as Newell Brands, is a multinational consumer goods company that owns a vast portfolio of well-known brands across various categories.
Newell Brands operates in several segments, including Writing, which encompasses brands like Sharpie, Paper Mate, and, of course, Expo. The company's diverse product range also includes household brands like Rubbermaid, Calphalon, and Yankee Candle, among others.
While I don't have personal experiences or situations related to the ownership of Expo markers, I can certainly appreciate the impact and ubiquity of these markers in our daily lives. The ability to write and erase effortlessly has made Expo markers an essential tool for communication and creativity.
Newell Brands is the company that currently owns Expo markers. The acquisition of Sanford in 1992 brought this iconic brand under the umbrella of Newell, allowing it to continue its legacy of providing high-quality writing instruments to people worldwide.