IRVINE, Calif.--(BUSINESS WIRE)--Sep 15, 2025--
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WD-40 Company is a global marketing organization focused on the development and sale of multi-use maintenance and household products. Its portfolio of signature brands includes WD-40 ® Multi-Use Product, WD-40 Specialist ®, 3-IN-ONE ®, GT85 ®, 2000 Flushes ®, no vac ®, Spot Shot ®, Lava ®, Solvol ®, X-14 ®, and Carpet Fresh ®. The Company aims to create positive lasting memories through its products by solving problems in workshops, factories, and homes around the world.
"This strategic action demonstrates our ongoing commitment to optimizing our portfolio and resources to prioritize the Company's higher growth, higher gross margin opportunities in maintenance products," said Steve Brass, WD-40 Company's president and chief executive officer.
John Jameson, Managing Director at D.A. Davidson, added, “WD-40 Brand is an iconic name in the maintenance and household products space. We are proud to have helped the WD-40 Company team in finding the right home for the 1001 and 1001 Carpet Fresh Brands, allowing the team to focus on higher priority opportunities.”
D.A. Davidson served as exclusive financial advisor and Cooley LLP served as the Company’s legal advisor.
The transaction marks another successful closing by D.A. Davidson’s Consumer Investment Banking Group and highlights the firm’s extensive expertise in household products and corporate divestitures.
D.A. Davidson’s Consumer Group has a reputation for its depth of industry knowledge, breadth of capabilities, and tenacity of its senior professionals. Offering sector-specific expertise through a full-service platform, the team provides M&A, strategic advisory, and equity capital markets capabilities across several subsectors, including ecommerce & marketplaces; household products; active & outdoor; infant & juvenile; consumer products & services; and food & beverage. Together with its European strategic partner, MCF Corporate Finance, D.A. Davidson originates and executes transatlantic M&A transactions under the brand of D.A. Davidson MCF International.
About D.A. Davidson Companies
D.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions, and municipalities nationwide. Founded in 1935 with corporate headquarters in Great Falls, Montana, and regional headquarters in Denver, Los Angeles, New York, Omaha and Seattle, the company has approximately 1,600 employees and offices in 30 states.
Subsidiaries include: D.A. Davidson & Co., a full-service investment firm providing wealth management, investment banking, equity and fixed income capital markets services, and advice; Davidson Investment Advisors, a professional asset management firm; and D.A. Davidson Trust Company, a trust and wealth management company.
For more information, visit dadavidson.com.
D.A. Davidson announced today that it served as exclusive sell-side financial advisor to WD-40 Company (NASDAQ: WDFC) (“WD-40” or the “Company”), a global marketing organization and distributor of household and maintenance products, on the sale of its U.K. homecare and cleaning businesses to Supreme Imports Ltd (LON: SUP) (“Supreme”).
OTTAWA, Ontario--(BUSINESS WIRE)--Jan 28, 2026--
Today, Prodigy Clean Energy, a Canadian company, announced completion of a two year R&D program, advancing its Transportable Nuclear Power Plant (TNPP) technology as critical enabling infrastructure to deploy SMRs in remote regions. Prodigy’s TNPPs can package, transport and deploy any reactor, allowing end-users to customize facilities by gross power output and energy type. The Government of Canada provided a CAD$2,750,000 investment to Prodigy under its Enabling Small Modular Reactors (ESMR) program, to accelerate completion of the latest phase of R&D that demonstrates TNPP maturity and readiness for use in off-grid microreactor projects.
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“To become a clean energy superpower, we need to deploy affordable, reliable, clean Canadian energy from coast to coast to coast – especially in rural, northern and remote regions, where there can be fewer options for families. That is why our new government is proud to support projects like Prodigy’s Transportable Nuclear Power Plant. By advancing promising Canadian technologies such as Prodigy’s, we are supporting economic growth in the North while strengthening Canada’s energy security,” said Tim Hodgson, Minister of Energy and Natural Resources.
Bolstering energy security in Canada’s North is a top national priority. Baseload clean power is needed to increase essential services and infrastructure for off-grid Indigenous communities, including food and clean water security; enable upgrading and expansion of Canadian Forces and Coast Guard installations, Arctic ports and trade corridors; and to expand opportunities for the advancement of Canada’s Critical Minerals Strategy.
SMRs and microreactors can generate emissions-free, always-on and cost-competitive energy when compared to diesel, but constructing them in Northern regions comes with unique challenges: remoteness and lack of transportation infrastructure drive up construction costs; weather is extreme, limiting construction windows; and increasing permafrost thaw presents new challenges for structural aging. Prodigy is addressing these issues by combining proven nuclear technologies with maritime factory fabrication, transport and construction practices, to deliver a fully-assembled nuclear plant, that meets Canadian regulatory requirements, to site. Upon arrival, the plant is fixed in place within a protected enclosure at the shoreline, either in a marine harbour or on land. Fueling and final commissioning are completed at the site before beginning power generation.
Northern Indigenous Rights Holders engaged noted benefits of using a TNPP for nuclear energy deployment, including accelerated project timeline; minimal disturbance of lands and wildlife during construction and operation; and reduced concerns around legacy waste since the TNPP is designed upfront to be completely removed and centrally decommissioned at end of service life.
Prodigy’s TNPP design for remote deployment was advanced using a surrogate TRISO-fueled microreactor. Work with Kinectrics, Lloyd’s Register, Serco, C-Job Naval Architects and Risktec performed prototypical testing, provided support to Prodigy’s TNPP lifecycle analysis, and assisted with screening Canada’s maritime supply chain capabilities, as well as those of Indigenous businesses, to lead different project phases. Siting assessments were carried out at potential deployment locations in the North with Indigenous Rights Holders.
“We are honoured to receive support from the Government of Canada. Prodigy’s TNPPs are technological solutions that improve SMR build standardization, manufacturing and deployment efficiency, and geographical reach – they will become effective tools to increase Arctic energy security. Early leadership in TNPPs has strengthened Canada’s global competitive edge in nuclear energy,” said Mathias Trojer, President and CEO, Prodigy Clean Energy.
Prodigy Microreactor Power Station TNPP. Image Credit: Prodigy Clean Energy.
