C&D completes acquision of Del OTC business

PRINCETON, N.J. Church & Dwight on Monday completed its previously announced acquisition of the Del OTC pharmaceutical business from Coty.

The transaction was completed substantially under the original terms announced April 1, which called for Church & Dwight to pay $380 million in cash at closing.

“The Orajel brand will be a great addition to the Church & Dwight family,” reiterated James Craigie, chairman and chief executive officer. “We are excited to expand our personal care portfolio and strengthen our presence in the strategic oral care category.”