Edgewell Personal Care to acquire Jack Black
Edgewell Personal Care has announced entering an agreement to acquire luxury men’s skin care brand Jack Black. This deal will allow St. Louis-based Edgewell to add yet another highly successful brand to its portfolio, which already includes Edge, Skintimate, Playtex, Schick, Banana Boat and Hawaiian Tropic among others.
"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 skin care, to satisfy men's everyday grooming needs,"Edgewell's chief operating officer Colin Hutchison said. "Similarly, Jack Black is a breakthrough brand, driving the growth of the luxury men's category through product innovation and cultivation of a highly engaged, loyal and growing customer base. The Jack Black brand is a strong and complementary addition to Edgewell's portfolio, based on its unique brand positioning, prestige channel footprint, and product assortment. This acquisition creates opportunities to expand our personal care portfolio in growing categories in the United States and globally while nurturing the strong brand equity that the Jack Black founders have developed."
The Dallas-based men’s grooming company offers a full range of products including body care, shaving, hair care, fragrance, razors and gift sets, which can be purchased in retailers, such as Nordstrom, Ulta Beauty, Neiman Marcus, Bloomingdale’s, Dillard’s and Sephora.
"We are delighted to be joining Edgewell's family of brands. This is an excellent home for Jack Black, and we look forward to continuing to drive strong growth in North America and expanding our global presence," CEO of Jack Black, Curran Dandurand said. "We've built our leadership position in the United States by providing superior skin care products using the best ingredients, that work as advertised, and are never tested on animals. We're very excited about the future and about sharing our products with more people throughout the world."
Terms of the transaction were not disclosed, but it is expected to close in the second quarter of 2018.
"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 skin care, to satisfy men's everyday grooming needs,"Edgewell's chief operating officer Colin Hutchison said. "Similarly, Jack Black is a breakthrough brand, driving the growth of the luxury men's category through product innovation and cultivation of a highly engaged, loyal and growing customer base. The Jack Black brand is a strong and complementary addition to Edgewell's portfolio, based on its unique brand positioning, prestige channel footprint, and product assortment. This acquisition creates opportunities to expand our personal care portfolio in growing categories in the United States and globally while nurturing the strong brand equity that the Jack Black founders have developed."
The Dallas-based men’s grooming company offers a full range of products including body care, shaving, hair care, fragrance, razors and gift sets, which can be purchased in retailers, such as Nordstrom, Ulta Beauty, Neiman Marcus, Bloomingdale’s, Dillard’s and Sephora.
"We are delighted to be joining Edgewell's family of brands. This is an excellent home for Jack Black, and we look forward to continuing to drive strong growth in North America and expanding our global presence," CEO of Jack Black, Curran Dandurand said. "We've built our leadership position in the United States by providing superior skin care products using the best ingredients, that work as advertised, and are never tested on animals. We're very excited about the future and about sharing our products with more people throughout the world."
Terms of the transaction were not disclosed, but it is expected to close in the second quarter of 2018.