Edgewell Personal Care has announced an agreement to acquire leading US men’s skin care brand Jack Black.
“As a challenger company in men’s grooming, Edgewell has continuously pressed beyond category conventions to bring unique solutions and innovation, such as Schick Hydro and Bulldog skincare, to satisfy men’s everyday grooming needs,” said Colin Hutchison, Edgewell’s Chief Operating Officer. “Similarly, Jack Black is a breakthrough brand, driving the growth of the luxury men’s category through product innovation and cultivation of a highly engaged, loyal and growing customer base. The Jack Black brand is a strong and complementary addition to Edgewell’s portfolio based on its unique brand positioning, prestige channel footprint, and product assortment. This acquisition creates opportunities to expand our personal care portfolio in growing categories in the US and globally, while nurturing the strong brand equity that the Jack Black founders have developed.”
Terms of the transaction were not disclosed and the deal is subject to regulatory clearance. It is expected to complete in the second quarter of 2018.