M&A
confidence high
sentiment positive
materiality 1.00
Clorox to acquire GOJO Industries (Purell) for $2.25B cash; net $1.92B after tax benefits
CLOROX CO /DE/
- Purchase price $2.25B, including ~$330M tax benefits, net $1.92B; expected close before end of FY2026.
- GOJO has ~$800M in annual sales with 5% 3-yr CAGR; Purell is #1 hand sanitizer in B2B and retail.
- Transaction accretive to adjusted EPS in year two, neutral in year one; at least $50M in run-rate cost synergies.
- Clorox reaffirms FY2026 net sales, diluted EPS and adjusted EPS outlook (excl. acquisition).
- Funded primarily through debt financing; Centerview Partners acting as financial advisor.