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C&D Expands Oral Care Portfolio, Acquires TheraBreath Mouthwash Brand In Latest Deal

Executive Summary

Church & Dwight anticipates 15% growth for TheraBreath mouthwash brand in 2022 on larger sizes and wider distribution, especially outside US. It plans to acquire the firm for around $580m cash and close the deal before end of year

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Flawless Deal Revealed Flaw In C&D’s M&A Criteria

“You won't be seeing us buying devices in the future,” says CEO Matthew Farrell. Acquisitions won’t have lower profile in growth strategy and it’s investing behind boosting returns from its most recent additions, acne patch firm Hero Cosmetics and TheraBreath mouthwashes, toothpastes and lozenges.

C&D Powers Into Acne Market Acquiring Hero Cosmetics, Maker Of Top-Selling Mighty Patch

Church & Dwight agrees to buy Hero Cosmetics, maker of acne and skin care patches and topical products, for $630m, adding leading US acne patch brand to its “power brand” lineup. Mighty Patch is among more-than 30 products Hero manufactures and markets.

Distribution Drives C&D’s TheraBreath Growth Plan

In addition to advertising brand to consumers and expanding distribution,, C&D will promote TheraBreath dental hygienists along with to Waterpik power brushes and water-flossers.

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