Top Companies Report

The Top 50 Report

July 11, 2011

M&A Activity Heats Up

The economy rebounded strongly last year and so too did merger and acquisition activity. When you start flipping through The Top 50, you may be surprised at the companies and brands that have changed hands during the past year. The biggest, and perhaps the most inscrutable, is also the most recent. In June, Sealed Air agreed to acquire Diversey Holdings in a $4.3 billion deal that is aimed to add sales to emerging-market food processors who are concerned about product safety. Sealed Air, a maker of protective packaging, chose Diversey because it’s the No. 1 player in food-safety related products in emerging markets, according to Sealed Air CEO William Hickey. Maybe, but bubble wrap and I&I cleaners doesn’t appear to be a perfect fit. The purchase of Sturtevant, WI-based Diversey is the largest of at least 28 acquisitions of soap and cleaning preparation companies for which financial terms were disclosed in the past five years, according to data compiled by Bloomberg.


Of course, there’s been plenty of acquisition activity on the personal care side of the business as well. For the past couple of years, Sara Lee has been cutting its exposure to household and personal care by selling such well-known brands as Ambi-Pur and Sanex—all in an effort to concentrate on its core food business. But as we went to press, Sara Lee was said to be an acquisition target of Smithfield Foods Inc., owner of the world’s biggest hog slaughterhouse. Smithfield execs are said to be licking their chops over the thought of adding brands like Jimmy Dean, Hillshire Farm and Ball Park to their cupboard.


But enough about cold cuts…let’s get back to cosmetics and personal care. The Top 50, our annual look at the leading US companies in the household and personal products industry, has been transformed by acquisitions such as Unilever’s $3.7 billion acquisition of Alberto-Culver, Sanofi’s purchase of Chattem for $1.9 billion and Coty’s estimated $1 billion purchase of OPI. At the same time, several brands have changed hands; such as Combe’s multi-brand sale to Reckitt Benckiser and Blistex.


Bigger deals may be on the horizon. Just last month, rumors were floating around the internet about a possible (and preposterous) acquisition of Unilever by P&G! To keep up with the tips, trends and takeovers, keep reading Happi and Happi.com. To catch up on what’s happened in the past 12 months or so in our industry, take a look at The Top 50 on the following pages. Finally, to learn more about the multibillion companies in our industry with headquarters outside the US, firms such as L’Oréal, Shiseido and, of course, Unilever, be sure to read The International Top 30, which is published next month.

The Top 50

1. Procter & Gamble Cincinnati, OH $64.6 billion

2. Colgate-Palmolive New York, NY $13.3 billion

3. SC Johnson Racine, WI $8.8 billion

4. Avon New York, NY $7.7 billion

5. Estée Lauder New York, NY $7.7 billion

6. Johnson & Johnson New Brunswick, NJ $7.2 billion

7. AmwayAda, MI $5.7 billion

7. Ecolab St. Paul, MN $5.7 billion

9. Coty New York, NY $3.8 billion

10. Diversey Sturtevant, WI $3.1 billion

11. Limited Brands Columbus, OH $2.7 billion

12. Clorox Oakland, CA $2.6 billion

13. Mary Kay Addison, TX $2.5 billion

14. Church & Dwight Princeton, NJ $2.1 billion

15. Sun Products Wilton, CT $2.0 billion

16. Alberto-Culver Melrose, IL $1.5 billion

17. Revlon New York, NY $1.3 billion

18. Elizabeth Arden Miramar, FL $1.1 billion

18 Guthy-Renker Palm Desert, CA $1.1 billion

20. Nu Skin Provo, UT $914 million

21. Blyth Greenwich, CT $900 million

22. Tupperware Orlando, FL $737 million

23. Yankee Candle Deerfield, MA $734 million

24. John Paul Mitchell Systems Beverly Hills, CA $590 million

25. Merck Whitehouse Station, NJ $580 million

26. Zep Atlanta, GA $568 million

27. Jafra Westlake, CA $521 million

28. Energizer St. Louis, MO $460 million

28. Inter Parfums New York, NY $460 million

30. Markwins City of Industry, CA $450 million

31. Shaklee Pleasanton, CA $350 million

32. Prestige Brands Irvington, NY $336 million

32. Chattem Chattanooga, TN $336 million

34. WD-40 San Diego, CA $321 million

35. Combe White Plains, NY $250 million

36. American International Los Angeles, CA $200 million

36. Philosophy Phoenix, AZ $200 million

38. Seventh Generation Burlington, VT $150 million

39. Turtle Wax Willowbrook, IL $147 million

40. Phoenix Brands Stamford, CT $140 million

41. Hydroxatone Jersey City, NJ $139 million

42. Gojo Akron, OH $135 million

43. Herbalife Los Angeles, CA $127 million

44. Dermalogica Carson, CA $125 million

45. Parlux Fort Lauderdale, FL $123 million

46. Spartan Maumee, OH $118 million

47. Obagi Long Beach, CA $112 million

48. Method San Francisco, CA $110 million

49. Murad El Segundo, CA $106 million

50. State Cleveland, OH $105 million


 

blog comments powered by Disqus
  • Shin-Etsu Updates Sunscreen Toolbox

    October 6, 2011
    Shin-Etsu Updates Sunscreen Toolbox

  • Innovation On Display

    Melissa Meisel, Associate Editor||February 3, 2016
    P&G Beauty Digital Studio showcases new products for 2016

  • Testing for Sustainable Preservatives

    Adam P. Byrne, William Michael Hart-Cooper, Kaj Johnson, Larry H. Stanker, Dominic W. S. Wong, William J. Orts||January 4, 2016
    A rapid, inexpensive and qualitative protocol for determining microbial growth inhibition.

  • Burgeoning Beauty

    Burgeoning Beauty

    Melissa Meisel, Associate Editor||January 4, 2016
    A look at trailblazers for 2016 and beyond.

  • It’s All About Teamwork

    It’s All About Teamwork

    Melissa Meisel , Associate Editor||January 4, 2016
    Collaboration was the theme of the Consumer Specialty Products Association 2015 annual meeting.

  • Making Sense of Smells

    Making Sense of Smells

    Tom Branna, Editorial Director||January 1, 2016
    Household product perfumery is more complex than ever, with a variety of notes obtained from many different sources.

  • Pod Nation

    Pod Nation

    Christine Esposito, Associate Editor||January 1, 2016
    Laundry detergent sales remain steady, but where consumers are spending their money and how they’re cleaning clothes is chan

  • In-Cosmetics Paris Has Sights on US

    In-Cosmetics Paris Has Sights on US

    Imogen Matthews , In-Cosmetics||December 2, 2015
    Market focus is on the USA.

  • Silent Partners

    Silent Partners

    Christine Esposito, Associate Editor||December 2, 2015
    I&I suppliers are behind-the-scenes, but critical partners that help keep businesses running and consumers safe.

  • Cleansing Conditioners

    Cleansing Conditioners

    Denise Costrini and Christophe Toumit , Croda Personal Care North America||December 2, 2015
    Relying on consumer data, Croda researchers detail the drivers behind these successful formulas.

  • Just Wild About Harry’s Cosmeticology

    Just Wild About Harry’s Cosmeticology

    Tom Branna, Editorial Director||November 2, 2015
    The ninth edition, edited by Meyer Rosen, has been expanded and improved with an emphasis on the future of the industry.

  • Lush Is Flush with Novel Ideas

    Lush Is Flush with Novel Ideas

    Tom Branna, Editorial Director||November 2, 2015
    New products are the lifeblood of every company. Lush will launch more than 200 of them.

  • Davids and Goliaths

    Davids and Goliaths

    Christine Esposito, Associate Editor||November 2, 2015
    Big brands dominate the oral care category, but a cadre of smaller players vie for customers looking for alternatives.

  • What Do You Mean by Clean?

    What Do You Mean by Clean?

    Tom Branna, Editorial Director||November 2, 2015
    Household cleaning has undergone many changes over the years and more are on the way, as suppliers develop novel ingredients.

  • A Fresh Take

    A Fresh Take

    Melissa Meisel, Associate Editor||November 2, 2015
    Today’s soaps and shower products do more than just cleanse—they solve skin quandaries, are portable or even look whimsical!

  • Contract Manufacturing/Private Label Directory

    Contract Manufacturing/Private Label Directory

    October 1, 2015
    Our directory is your source to find a manufacturer to get your product to market.

  • Winner Unmasked

    Winner Unmasked

    October 1, 2015
    Laneige’s Water Sleeping Mask takes home top honors as Happi’s first Anti-Aging Product of the Year.

  • A Design for Living

    A Design for Living

    Tom Branna, Editorial Director||October 1, 2015
    Cornell McBride Sr. has had a range of successes during his 40-plus years in the hair care business.

  • An Arduous Task?

    An Arduous Task?

    Tom Branna, Editorial Director||October 1, 2015
    Elizabeth Arden's JuE Wong is confident that the way to right the company’s ship is by tapping into its rich heritage.

  • Slow Burn

    Slow Burn

    Tom Branna, Editorial Director||October 1, 2015
    No news from the FDA is bad news for the sun care industry.

  • Tried & True

    Tried & True

    Melissa Meisel, Associate Editor||October 1, 2015
    Test providers strive to prove a product’s efficacy for consumer confidence.

  • Market Your Cosmetics In Europe with Safety

    Market Your Cosmetics In Europe with Safety

    Pascal Yvon, IDEA TESTS Group||October 1, 2015
    Compliance to European safety regulations for cosmetic products, final formulations and ingredients.

  • Talking Point

    Talking Point

    Christine Esposito, Associate Editor||October 1, 2015
    For its inaugural Sustainability Dialog in Frankfurt, Clariant gathered stakeholders that included a mix of customers, third

  • A Consumer Revolution

    A Consumer Revolution

    Melissa Meisel, Associate Editor||June 1, 2015
    IRI’s 2015 Summit celebrates the progression of information.

  • Interior Design

    Interior Design

    Melissa Meisel , Associate Editor||May 1, 2015
    Nutritional products can improve and beautify skin from the inside out.

  • KodaDome

    KodaDome

    Tom Branna , Editorial Director||May 1, 2015
    Hair color isn’t all about hiding grays—it’s about selecting shades that reflect individuality, too.