TITLE

Church & Dwight acquires Del Pharmaceuticals

PUB. DATE
June 2008
SOURCE
Proofs;Jun2008, Vol. 91 Issue 3, p44
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the agreement signed by Church & Dwight Co. Inc., makers of Arm & Hammer products, to acquire Del Pharmaceuticals Inc., from Coty Inc. for $380 million in cash. This transaction is subject to regulatory approval and is expected to close in July 2008. Church & Dwight's increased sales come from Arm and Hammer toothpaste and SpinBrush brands. It is believed that adding Del Pharmaceuticals' Orajel brand will increase the gross margin, will bring a powerful franchise, and will complement the growth strategy of Church & Dwight.
ACCESSION #
33160965

 

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