CHD to acquire Touchland for $700 million, plus earn-out, enhancing its personal care portfolio with a fast-growing, design-forward brand.
Church & Dwight has struck a deal to buy the Touchland hand-sanitizer brand for up to $880 million.
I maintain a hold rating on Church & Dwight Co. due to weak domestic performance, retailer destocking, and new tariff headwinds impacting growth prospects. CHD's 1Q25 results showed a 2.4% decline in net sales and a 1.2% decrease in organic sales, driven by a 1.4% volume drop. The deteriorating US consumer environment and retailer inventory reductions are significant headwinds, with no expected recovery in the near term.
Household & Personal Products Industry | Consumer Defensive Sector | Mr. Matthew Thomas Farrell CEO | NYSE Exchange | 171340102 Cusip |
United States Country | 5,550 Employees | 14 Feb 2025 Last Dividend | 2 Sep 2016 Last Split | - IPO Date |
Church & Dwight Co., Inc., founded in 1846 and headquartered in Ewing, New Jersey, has established itself as a prominent force in the development, manufacturing, and marketing of a wide array of household, personal care, and specialty products. The company's operations are segmented into three broad categories: Consumer Domestic, Consumer International, and Specialty Products Division, catering to a diverse clientele through supermarkets, mass merchandisers, wholesale clubs, drugstores, convenience stores, home stores, dollar and other discount stores, pet and other specialty stores, and an assortment of online and e-commerce channels. Additionally, it serves industrial customers and livestock producers via distributors, showcasing its versatile market presence.