SC Johnson Signs Agreement to Acquire Babyganics; Acquisition Provides the Company Access to the Growing Category of Specialty Baby Care
July 1, 2016, RACINE, WI — SC Johnson today announced that it has signed an agreement to acquire Babyganics, a rapidly growing baby brand providing household and personal care products for the growing family. The Babyganics line includes skin care, bath care, oral care, sun care, insect repellent, hand hygiene, surface cleaners, laundry products, dish soaps, diapers and wipes.
“We have great admiration for the Babyganics products and their leadership,” said Fisk Johnson, Chairman and CEO of SC Johnson. “They are one of the fastest growing private companies and their unique and innovative products are a great complement to our portfolio of trusted brands.”
SC Johnson expects the deal to be finalized subject to U.S. regulatory approval.
As a private company, SC Johnson does not disclose details regarding financial or business transactions.
Sawaya Segalas & Co., LLC acted as exclusive financial advisor to Babyganics on this transaction.
About SC Johnson
SC Johnson is a family company dedicated to innovative, high-quality products, excellence in the workplace and a long-term commitment to the environment and the communities in which it operates. Based in the USA, the company is one of the world’s leading manufacturers of household cleaning products and products for home storage, air care, pest control and shoe care, as well as professional products. It markets such well-known brands as GLADE®, KIWI®, OFF!®, PLEDGE®, RAID®, SCRUBBING BUBBLES®, SHOUT®, WINDEX® and ZIPLOC® in the U.S. and beyond, with brands marketed outside the U.S. including AUTAN®, TANA®, BAMA®, BAYGON®, BRISE®, KABIKILLER®, KLEAR®, MR MUSCLE® and RIDSECT®. The 130-year-old company, which generates $10 billion in sales, employs approximately 13,000 people globally and sells products in virtually every country around the world. www.scjohnson.com.