Energizer completes acquisition of feminine hygiene business from J&J Family of Consumer Cos.

ST. LOUIS — Energizer Holdings has announced the closing of the acquisition of the Stayfree pad, Carefree liner and o.b. tampon feminine hygiene brands in the United States, Canada and the Caribbean from McNeil PPC and Johnson & Johnson — members of the J&J Family of Consumer Cos. — for $185 million.
 
As previously reported by Drug Store News, included in the sale are all brand assets, and the Johnson & Johnson manufacturing plant in Montreal. Energizer estimates that the acquisition will be modestly accretive in fiscal 2014.

 

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