Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue July 2014
 •  Beiersdorf Opens Plant in Mexico  •  Market Opportunities For Wound Healing  •  Fragrance Use Varies Around the World  •  The Kindest Cut...  •  Uncertainty About Energy Dogs US Chemical Sector
Print

Ascendia Purchases Calgon And Healing Garden from Coty



Published February 16, 2007
Related Searches: brand men coty
Post a comment
Ascendia brands agreed to buy The Heal-ing Garden and Calgon brands and assets for $125 million. The two brands will complement the Lander and Lander Essentials brands that Ascendia currently owns, in addition to Mr. Bubble and Lander Kids.

The acquisition is expected to double Ascendia’s annual revenue to about $200 million. Ascendia could be obligated to pay up to an added $15 million in cash and issue up to an additional $5 million in subordinated debt based on certain earn-out provisions entitled to Coty.


blog comments powered by Disqus