NYSE:CLXHousehold Products
Clorox Purell Deal Tests Growth Plans And Dividend Resilience
Clorox (NYSE:CLX) has agreed to acquire GOJO Industries, the privately held maker of Purell hand sanitizer.
The deal brings the Purell brand into Clorox’s health and hygiene portfolio, expanding its presence in both institutional and retail channels.
The acquisition is aligned with Clorox’s IGNITE strategy and is expected to create meaningful synergies across its fastest growing and most profitable segment.
For investors watching NYSE:CLX, this move comes with the stock at a share price of...