EXHIBIT 99.1

 SUNBEAM COMPLETES ACQUISITION OF COLEMAN PUBLICLY HELD SHARES

    BOCA RATON, Fla., Jan. 6, 2000 - Sunbeam Corporation (NYSE: SOC) today
 announced that it has completed its acquisition of the publicly held shares
 of The Coleman Company, Inc. through the merger with a Sunbeam subsidiary.
 As a result of this merger, Coleman becomes a wholly owned subsidiary of
 Sunbeam Corporation, and its stock will cease trading as of today.

    Under the terms of the merger, and a court-approved settlement of
 certain related litigation, all public stockholders of Coleman are entitled
 to receive $6.44 in cash, 0.5677 of a share of Sunbeam common stock and
 0.381 of a warrant to purchase one share of Sunbeam common stock for each
 of their shares of Coleman stock.

    Coleman stockholders are being mailed instructions to follow in order
 to exchange their shares for the consideration they are entitled to receive
 as a result of the merger.

    Sunbeam Corporation is a leading consumer products Company that
 designs, manufactures and markets, nationally and internationally, a
 diverse portfolio of consumer products under such world-class brands as
 Sunbeam(R), Oster(R), Grillmaster(R), Coleman(R), Mr. Coffee(R), First
 Alert(R), Powermate(R), Health o meter(R), Eastpak(R) and Campingaz(R).