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Clorox Announces Acquisition of GOJO Industries, Makers of Purell®, Market Leader in Skin Health and Hygiene
The $2.25 billion acquisition expands Clorox’s health and hygiene portfolio, with GOJO generating nearly $800 million in annual sales, the company said.
- On Thursday, The Clorox Company announced it has acquired Akron-based GOJO Industries in a $2.25 billion cash deal with $330 million in tax benefits for a net price of $1.92 billion.
- Seeking to expand its hygiene portfolio, The Clorox Company said buying GOJO Industries will accelerate Purell brand's retail growth and enhance profitability via GOJO's commercial and regulatory capabilities.
- GOJO was founded in 1946 by Goldie and Jerry Lippman, with the Lippman Kanfer Family leading for three generations, and the Purell brand became widely trusted in homes and institutions.
- Clorox plans to fund the transaction primarily through debt financing, and the companies expect completion before the end of Clorox's Fiscal Year 2026, subject to regulatory approval.
- The acquisition positions The Clorox Company to evolve its portfolio and scale its Health and Wellness segment under the IGNITE strategy while leveraging distribution to boost Purell and GOJO's B2B reach.
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Clorox Announces Acquisition of GOJO Industries, Makers of Purell®, Market Leader in Skin Health and Hygiene - ISSA | The Association for Cleaning & Facility Solutions
The Clorox Company (NYSE: CLX) today 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 ... The post Clorox Announces Acquisition of GOJO Industries, Makers of Purell®, Market Leader in …
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