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Edgewell Personal Care to acquire Jack Black business

Published 01/18/2018, 09:37 AM
© Reuters.  Edgewell Personal Care to acquire Jack Black business
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  • Edgewell Personal Care (EPC) announces that it signed a deal to acquire men's skincare products company Jack Black for an undisclosed amount.
  • Jack Black is a top seller in the U.S. and Canada at retail chains such as Nordstrom (NYSE:JWN), ULTA Beauty, Neiman Marcus, Bloomingdale's, Dillard's and Sephora.
  • "As a challenger company in men's grooming, Edgewell has continuously pressed beyond category conventions to bring unique solutions and innovation, such as Schick Hydro and Bulldog skincare, to satisfy men's everyday grooming needs," says Edgewell COO Colin Hutchison.
  • The deal is expected to be EPS neutral in FY18.
  • The transaction is expected to close in Q2.
  • Source: Press Release
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