Church & Dwight Co., Inc. (NYSE: CHD) has completed its previously announced acquisition of TheraBreath^®, the #2 brand in the alcohol-free mouthwash category in the United States.

The transaction was completed under the original terms announced on November 29, 2021, which called for Church & Dwight to pay $580 million in cash at closing.

“Oral care is important to us strategically,” said Matthew T. Farrell, Church & Dwight Chief Executive Officer. “TheraBreath^® will be the Company’s 14^th power brand and represents a powerful addition to our existing oral care portfolio which includes ARM & HAMMER^® toothpaste, SPINBRUSH^® battery-operated toothbrushes, ORAJEL^® oral analgesics and WATERPIK^® water flossers. The TheraBreath^® brand is a problem/solution product and one of the fastest growing brands in the mouthwash category. This acquisition gives Church and Dwight a strong position in a growing category with tailwinds as the brand skews towards younger consumers and consistently has a high level of brand loyalty and repeat purchase.”

Church & Dwight Co., Inc., founded in 1846, is the leading U.S. producer of sodium bicarbonate, popularly known as baking soda. The Company manufactures and markets a wide range of personal care, household and specialty products under recognized brand names such as ARM & HAMMER^®, TROJAN^®, OXICLEAN^®, SPINBRUSH^®, FIRST RESPONSE^®, NAIR^®, ORAJEL^®, XTRA^®, L’IL CRITTERS^® and VITAFUSION^®, BATISTE^®, WATERPIK^®, ZICAM^®, FLAWLESS^® and THERABREATH^®. These 14 key brands represent approximately 85% of the Company’s product sales. For more information, visit the Company’s website.

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