SC Johnson may be looking to cut shaving business
NEW YORK SC Johnson may be looking to sell its shaving business, which includes the Edge and Skintimate brands, according to a Financial Times report.
According to the report, people with knowledge of the sale process say the business could be valued at about $200 million and, while a range of potential buyers have expressed an interest, Energizer Holdings could be the likely buyer.
A spokeswoman for SC Johnson said it does not publicly discuss such matters.
Meanwhile, an Energizer spokesperson said the company does not comment on rumors or speculation, the Financial Times reported.
Energizer's personal care division offers a range of consumer products in the wet shave, skin care feminine care and infant care categories. The company's portfolio includes such brand names as Schick and Wilkinson Sword men's and women?s shaving systems and disposable razors.