Edgewell Personal Care Co. has completed the sale of its infant and pet care business to Le Holding Angelcare Inc. for $122.5 million in cash. Shelton, Connecticut-based Edgewell says it will use the net proceeds from the sale to strengthen its balance sheet. “Completing this transaction is a key step in the transformation of Edgewell’s […]
Tag: Sylvain Brosseau
Posted inNonfood Items, Health & Wellness, Northeast, Suppliers
Edgewell Personal Care To Sell Infant, Pet Care Business To Angelcare
Edgewell Personal Care Co. said Oct. 21 that it had entered into a definitive agreement to sell its infant and pet care business to Le Holding Angelcare Inc. for $122.5 million. Under the terms of the agreement, Montreal-based Angelcare will acquire from Shelton, Connecticut-based Edgewell the rights and assets of Diaper Genie, the diaper disposal […]