Flawless Deal Revealed Flaw In C&D’s M&A Criteria
Investing Behind Boosting Sales Of Most Recent Additions, Mighty Patch, TheraBreath
“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.
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Church & Dwight Delivers 5% Net Growth Despite Slumps For Major Brands, International Sales
Sales in most categories in US portfolio grew, led by Zicam, Therabreath and Hero. But slumps continued for Waterpik water flossers, the Flawless feminine hair-removal, skin and nail care line and the vitafusion and L’il Critter gummies and other vitamin, mineral and supplement products.
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.
C&D Expands Oral Care Portfolio, Acquires TheraBreath Mouthwash Brand In Latest Deal
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