SC Johnson Signs Binding Offer to Acquire Deb Group
SC Johnson announces that it has signed a binding offer to acquire Deb Group, a global industrial company focused on hygiene and skin care systems for the industrial, commercial, healthcare and food markets.
“Deb is an important platform for SC Johnson and helps expand our presence in industrial and institutional markets,” says Fisk Johnson, chairman and CEO of SC Johnson. “Deb’s market leadership, channel strengths and commitment to innovation complement our own strengths.”
For more than 70 years, Deb has offered skin care regimens for all types of workplace and public settings, including heavy-duty hand cleaners, foaming hand soaps, antibacterial washes, hand sanitizers and restorative hand creams. Deb, headquartered in the United Kingdom, is a global market leader and its products are used in more than 100 countries around the world.
SC Johnson expects the deal to be finalized in the coming months subject to completing any consultations and regulatory approvals.
Source: SC Johnson
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