Church & Dwight

Church & Dwight Co, Inc.
Public
Traded as NYSE: CHD
S&P 500 Component
Industry Dental, Medical
Founded 1847: as John Dwight and Company
1896: as Church & Dwight, Co.
Founder John Dwight
Headquarters Ewing, New Jersey, U.S.
Key people
 Matthew T. Farrell, CEO
Products Laundry detergent
Baking soda
Depilatories
Pregnancy tests
Revenue $3.4 billion (2015) [1]
Number of employees
 4,145 (as of 2015) [2]
Divisions Arm & Hammer, Nair
First Response, OxiClean
Brillo
Website www.churchdwight.com

Church & Dwight Co, Inc., is a major American manufacturer of household products that is headquartered in Ewing, New Jersey. While it manufactures many items, it is best known for its Arm & Hammer line which includes baking soda and a variety of products made with it. Church & Dwight was ranked #652 in the Fortune 500 listing of companies in 2017.[3]

History

Pepsodent toothpaste

The company was founded in 1846 to unify two companies created by John Dwight of Massachusetts and his brother-in-law, Austin Church of Connecticut. Their partnership had begun in 1846 with the two founders selling sodium bicarbonate (also known as baking soda) that they refined in Dwight's kitchen.[4]

The Arm & Hammer logo, which dates back to the 1860s,[5] is often incorrectly claimed to have originated with tycoon Armand Hammer. Hammer was so often asked about the Church & Dwight brand, however, that he attempted to buy the company. While unsuccessful, Hammer's Occidental Petroleum in 1986 acquired enough stock for him to join the Church & Dwight board of directors.[6]

In 2001 the consumer product line of Carter-Wallace was sold to Church and Dwight and MedPointe bought the diagnostics and drug businesses.[7]

Church and Dwight acquired Orange Glo International, giving them OxiClean and Orange Glo in 2006.[8] Church & Dwight was ranked 723 in the Fortune 500 listing of companies in 2010.[9]

In 2017, MidOcean Partners agreed to sell Waterpik for $1 billion to Church & Dwight. At the time of the sale announcement, it was reported that Water Pik, Inc. had "$265 million of revenue in the fiscal year ended June 30, about 70% of which came from its water flosser products".[10]

Historic products continuously available

Notable brands

  • Aim Toothpaste (acquired in 2003 in the U.S. from Unilever)
  • Arm & Hammer
  • Arrid (acquired in 2001 from Carter-Wallace)
  • Batiste (Dry Shampoo and Hair Care)
  • Close-Up (licensing rights acquired in 2003 in the U.S. from Unilever)
  • Kaboom
  • Mentadent (acquired in 2003 in the U.S. from Unilever)
  • Nair (acquired in 2001 from Carter-Wallace)
  • Orajel (acquired in 2008 from Del Pharmaceuticals)
  • Orange Glo (through merger in 2006 with Orange Glo International)
  • OxiClean (through merger in 2006 with Orange Glo International)
  • Pepsodent (acquired in 2003 in the U.S. from Unilever)
  • RUB A535
  • Simply Saline
  • Trojan condoms
  • VitaFusion and Lil' Critters (vitamin supplements)
  • Waterpik shower heads, water flossers, and electric toothbrushes.

See also

References

  1. ↑ "Profile: Church & Dwight", NASDAQ
  2. ↑ "Profile: Church & Dwight", Hoover's
  3. ↑ "2017 Fortune 500 Ranking". Fortune.com. Retrieved October 31, 2017.
  4. ↑ "History". Retrieved 13 March 2017.
  5. ↑ "History of Product Names & Trademarks: Arm & Hammer Baking Soda". Retrieved 13 March 2017.
  6. ↑ "The Straight Dope: Did tycoon Armand Hammer have anything to do with Arm & Hammer baking soda?". Retrieved 13 March 2017.
  7. ↑ "Carter-Wallace's brands will be sold to 2 different companies for a total of $1.12 billion". Los Angeles Times. May 9, 2001. Retrieved 2011-09-26. Carter-Wallace, ending a yearlong process to find buyers for its many brands, will split its consumer brands—including Trojan condoms and Arrid deodorant—from its health business, after failing to attract a better offer for the entire company. For Church & Dwight, which owns the Arm & Hammer baking soda product line, the purchase of Carter-Wallace's deodorant and pet- care lines will help the firm expand internationally, it said. A 50- 50 venture Church has formed with Kelso will take the other consumer lines. MedPointe will get Carter-Wallace's diagnostics and drug businesses, which make the allergy medicine Astelin, the muscle relaxant Soma and Rynatan/Tussi cough and cold products. ...
  8. ↑ Moore, Paula (2004-05-02). "OxiClean breathes new life into cleaning line".
  9. ↑ "Fortune 500 listings", CNNMoney.com, 2010.
  10. ↑ Vasquez, Justina, "Church & Dwight to Buy Water Pik for $1 Billion" (subscription required), Wall Street Journal, July 17, 2017. Retrieved 2017-07-17.

Further reading

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