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Prestige Brands completes remainder of GSK OTC brands acquisition


IRVINGTON, N.Y. — Prestige Brands Holdings on Monday announced that it has completed the purchase of the two remaining brands of the 17 brands it agreed to acquire from GlaxoSmithKline; the purchase of Debrox ear wax remover and Gly-Oxide oral rinse completes the transaction.

For all 17 brands, Prestige paid a total of $660 million in cash plus a customary post-closing inventory adjustment under the original terms of the agreements.

The company's core brands now include Chloraseptic sore throat treatments, Clear Eyes eye care products, Compound W wart removers, The Doctor’s NightGuard dental protector, the Little Remedies and PediaCare lines of pediatric over-the-counter products, Efferdent denture care products, Luden’s throat drops, Dramamine motion sickness treatment, BC & Goody's headache powders, Fiber Choice and Beano digestive aids, Debrox ear wax remover, Gly-Oxide oral rinse and Comet household cleaners.

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