Church & Dwight
| |
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 |
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
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
- Arm & Hammer baking soda (1846)
- Pepsodent toothpaste (1915)
- Arrid deodorants (1935)
- OxiClean stain remover (1999)
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
- ↑ "Profile: Church & Dwight", NASDAQ
- ↑ "Profile: Church & Dwight", Hoover's
- ↑ "2017 Fortune 500 Ranking". Fortune.com. Retrieved October 31, 2017.
- ↑ "History". Retrieved 13 March 2017.
- ↑ "History of Product Names & Trademarks: Arm & Hammer Baking Soda". Retrieved 13 March 2017.
- ↑ "The Straight Dope: Did tycoon Armand Hammer have anything to do with Arm & Hammer baking soda?". Retrieved 13 March 2017.
- ↑ "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. ...
- ↑ Moore, Paula (2004-05-02). "OxiClean breathes new life into cleaning line".
- ↑ "Fortune 500 listings", CNNMoney.com, 2010.
- ↑ 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
- Karas, David, "Church & Dwight picks new home in Ewing", New Jersey On-Line, Tuesday, August 23, 2011. (The Times, Trenton)
- "Snapshot: Church & Dwight", CNNMoney.com
External links
Wikimedia Commons has media related to Church & Dwight. |
- Business data for Church & Dwight: Google Finance
- Yahoo! Finance
- Reuters
- SEC filings