Combe Incorporated Announces Sale of Three Product GroupsBy Combe Inc., PRNE
Sunday, January 2, 2011
WHITE PLAINS, New York, January 3, 2011 - Combe Incorporated, ("Combe") today announced that it has completed the
sale of its Cough/Cold, Skin Care and Foot Care businesses.
The Cough/Cold and Skin Care businesses, including the Cepacol(R),
Lanacane(R), Scalpicin(R), LiceMD(R), and Hemoal(R) brands, have been sold to
Reckitt Benckiser Inc.
The Foot Care business, consisting of the Odor-Eaters(R) brand, has been
sold to Blistex Inc.
"We are very proud of our divested businesses and are excited about the
future of these brands. More importantly, these divestitures enable us to
increase our company-wide focus on our largest global brands," explains
Christopher B. Combe, Chairman and CEO. "Our retained brands have strong
growth opportunities around the world supported by positive demographic
shifts, our leadership positions in these categories, and a pipeline of
innovative and potentially game-changing new products."
Morgan Stanley & Co. Incorporated served as financial advisor and
Sullivan & Cromwell LLP served as legal advisor to Combe in connection with
About Combe Incorporated
Combe is a manufacturer of health and personal care products, including
Just For Men(R) haircolor products, Vagisil(R) feminine care products,
Sea-Bond(R) denture products, and Brylcreem(R), Aqua Velva(R) and Lectric
Shave(R) men's personal grooming products. Combe, a privately held
multinational company founded in 1949, has its international headquarters in
White Plains, New York.
About Reckitt Benckiser Inc.
Reckitt Benckiser Inc. is a New Jersey-based subsidiary of Reckitt
Benckiser Group plc, a world leader in household cleaning, health and
About Blistex Inc.
Blistex Inc. is a privately-held manufacturer and marketer of lip care
and consumer healthcare products headquartered in Oak Brook, Illinois.
Akshay Shetty, Director of Corporate Development, +1-914-461-4680
Tags: Combe Inc., January 3, New York, White plains