September 13, 1995 |
Clorox Acquires Black Flag: Oakland-based Clorox Co. said it acquired the Black Flag insecticide line from Britain's Reckitt & Colman for undisclosed terms. The assets being acquired, including the Roach Motel bait trap and Holiday foggers, will retain their brand names and be added to Clorox's line of Combat insecticides, Clorox said. Clorox markets a broad line of household products in addition to its namesake bleach.
August 9, 1994 |
Eastman Kodak Co. is close to selling its household products division to one of three leading bidders: Colgate-Palmolive Co., Unilever, and Reckitt & Colman, a person familiar with the bidding said. The division, which makes Lysol cleaners and other household products, is expected to sell for $1.7 billion to $2 billion, analysts said.
September 27, 1994 |
Eastman Kodak Co. moved closer to selling the rest of its non-photographic businesses on Monday, agreeing to auction the company's household products unit to Britain's Reckitt & Colman for $1.55 billion in cash. The subsidiary, part of Kodak's L&F Products unit, includes such familiar brands such as Lysol cleaners, Mop & Glo floor polish, Resolve carpet cleaner and Wet Ones moist towelettes.
March 9, 1990 |
Reckitt and Colman PLC, a British food and household goods group, has agreed to pay $1.25 billion for the Boyle-Midway home products unit of New York-based American Home Products Corp., the companies said today. The acquisition of Boyle-Midway, whose products include Woolite laundry soap and Easy-Off oven cleaner, would make Reckitt and Colman a major international household products manufacturer.
July 3, 1990 |
They say the takeover boom is over, but if that's so, how do you explain Philip Morris Cos.' decision to buy Swiss candy maker Jacobs Suchard for $3.8 billion or ConAgra Inc.'s $1.34-billion purchase of Beatrice Co. Easy: The mergers and acquisitions business hasn't died, it has evolved into another stage. Deal makers are doing a new kind of buyout, one that harks back to the days before the junk bond binge but has a few novel twists.