Church & dwight to acquire the touchland® brand for $700 million plus earn-out

Ewing, n.j.--(business wire)--church & dwight co., inc. (nyse:chd) has signed a definitive agreement to acquire the touchland® brand for $700 million at closing, consisting of cash and church & dwight restricted stock, and a payment up to $180 million contingent on the achievement of touchland's 2025 net sales for a total purchase price of up to $880 million. touchland is the fastest growing brand in the hand sanitizer category in the united states and is the #2 hand sanitizer in the ca.
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