Water Pik Technologies Inc., best known for its line of water-jet devices to clean teeth and gums, said Tuesday that it was exploring strategic alternatives including a sale of the company.
"While we are pleased with the prospects for future growth, after completing an internal comprehensive strategic review of our businesses, the board has determined it is appropriate to consider alternatives to maximize value to all stockholders," Chairman Robert P. Bozzone said in a statement.
In addition to a sale of the Newport Beach-based company, alternatives under consideration include selling a portion of Water Pik or taking it private, said Jeff D'Eliscu, a company spokesman.
Water Pik's products include swimming pool equipment and water heating systems. The relatively small company competes against some of the nation's largest businesses, including Gillette Co., Clorox Co., Procter & Gamble Co. and Colgate-Palmolive Co.