Church & Dwight (NYSE: CHD) to divest VitaFusion and L’il Critters VMS brands
Rhea-AI Filing Summary
Church & Dwight Co., Inc. reported that it has entered into a definitive agreement to sell its VitaFusion® and L’il Critters® brands. This move follows a previously announced strategic review of the company’s vitamins, minerals and supplements business. The sale includes the related trademarks and licenses, as well as manufacturing and distribution facilities in Vancouver and Ridgefield, Washington.
The transaction is expected to close before year-end, subject to customary closing conditions. The company announced the agreement through a press release furnished as an exhibit, which provides further details on the divestiture of these gummy vitamin brands.
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Insights
Church & Dwight signs a deal to divest two vitamin brands after a strategic review.
Church & Dwight has entered into a definitive agreement to sell its VitaFusion® and L’il Critters® brands after reviewing its vitamins, minerals and supplements business. The sale also covers associated trademarks, licenses, and production and distribution facilities in Vancouver and Ridgefield, Washington, indicating a full exit from these specific gummy vitamin assets.
The transaction is described as subject to customary closing conditions and is expected to close before year-end, so execution still depends on those conditions being met. Financial terms and the impact on revenue or earnings are not detailed in the provided content, so the scale of the change within the overall portfolio cannot be assessed here.
For investors, the key factual takeaway is that the company is reshaping its brand portfolio by divesting these VMS brands under a definitive agreement, with completion targeted before the end of the year, assuming customary conditions are satisfied.
