Clorox to Buy Purell Hand Sanitizer Maker GOJO Industries for $2.25B ...
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Clorox to buy Purell maker GOJO Industries for $2.25 billion - Regional Media News
Jan 22 (Reuters) - Clorox said on Thursday it would buy privately held skin health and hygiene solutions firm GOJO Industries for $2.25 billion in cash, as the Pine Sol maker looks to expand its position in health and hygiene segments. GOJO Industries, which saw sales of its hand sanitizer brand Purell normalize after skyrocketing during the pandemic, was exploring options including a full sale or divesting a minority stake, sources told Reuters…
Clorox buys GOJO Industries, the makers of Purell
OAKLAND, Calif. — The Clorox Co. announced that it has entered into a definitive agreement to acquire GOJO Industries, a leader of skin health and hygiene solutions, for $2.25 billion in cash, including anticipated tax benefits valued at approximately $330 million for a net purchase price of $1.92 billion. Adding Purell to Clorox's portfolio of trusted brands expands Clorox's position in health and hygiene for consumers and institutional end use…
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