Church & Dwight Co., Inc. acquired Viviscal from Lifes2good Holdings Limited and James Murphy for €150 million.
January 19, 2017
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Church & Dwight Co., Inc. (NYSE:CHD) acquired Viviscal Ltd. from Lifes2good Holdings Limited and James Murphy for €150 million on January 17, 2017. James Murphy sold 90% and rest was sold by Lifes2good Holdings Limited. Viviscal Ltd. had sales of $44 million (€41.21 million) in 2016. Gerard Ryan and Enda Cullivan of Eversheds LLP acted as legal advisor to Lifes2Good. Michel Dyens acted as financial advisor to Lifes2good Holdings. Ronald Papa of Proskauer acted as legal advisor to Church & Dwight Co., Inc.
Church & Dwight Co., Inc. (NYSE:CHD) completed the acquisition of Viviscal Ltd from Lifes2good Holdings Limited and James Murphy on January 17, 2017.
Church & Dwight Co., Inc. specializes in the manufacturing and marketing of consumer products. Net sales break down by family of products as follows:
- cleaning, hygiene and personal care products (94.5%); detergents, stain removers, deodorants, shampoos, depilatory creams, pregnancy tests, toothbrushes, condoms, lubricants, baking soda, etc. sold under ARM & Hammer, Batiste, First Response, L'Il Critters, Trojan, Nair, Orajel, Oxiclean, Spinbrush, Vitafusion and Xtra;
- specialty products (5.5%): food additives, nutritional supplements, prebiotics and probiotics for animals, baking soda intended for the industrial sector, special cleaning products intended for the maintenance of offices, restaurants and hotels.
The United States account for 83% of net sales.