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Clorox Agrees to Purchase Purell Maker

Company to buy GOJO Industries in $2.25 billion cash deal

The Clorox Company has agreed to purchase GOJO Industries, the maker of the Purell hand sanitizer brand, in a $2.25 billion cash deal. The addition of Purell to Clorox’s portfolio of brands expands Clorox’s position in health and hygiene for consumers and institutional end users. 

Founded in 1946 by Goldie and Jerry Lippman, GOJO has grown to nearly $800 million in annual sales and has a long history of delivering mid–single‑digit growth with a three-year CAGR of 5%. Its portfolio of hand hygiene solutions generates more than 80% of revenue through a broad and stable network of B2B distributors underpinned by roughly 20 million soap and sanitizer dispensers that drive recurring demand.

“GOJO’s deep commitment to innovation and delivering superior value in skin hygiene has built Purell into one of the most trusted names in homes, healthcare facilities, schools and businesses around the world – a name that is virtually synonymous with skin hygiene. This strong foundation, coupled with a large installed base and deep relationships in the fast-growing B2B channel has driven decades of consistent performance,” says Linda Rendle, Clorox chair and CEO. “This is a compelling acquisition that evolves our portfolio and scales our fastest growing, most profitable operating segment – Health and Wellness – as we execute our IGNITE strategy to deliver long-term shareholder value.” 

“This is a momentous day for all of us at GOJO,” says Carey Jaros, president and CEO of GOJO Industries. “GOJO and Clorox are united by our shared commitment to make the world a cleaner and healthier place. I have long admired Clorox’s ability to create great consumer brands and products that are beloved in households around the world. Clorox brings world-class consumer expertise, and they have the resources to accelerate our growth in retail channels. I’m incredibly excited about what’s ahead as we combine our leading brands, talented organizations and complementary capabilities to deliver best-in-class health and hygiene solutions to customers across the world. And I’m proud to carry forward the 80-year legacy of the Lippman Kanfer Family, who founded and led the business for three generations in Northeast Ohio.”

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