M&A
confidence high
sentiment neutral
materiality 0.75
Edgewell completes sale of Feminine Care business to Essity for $340M cash
EDGEWELL PERSONAL CARE Co
- Sold Playtex, Stayfree, Carefree, and o.b. brands to Essity; closed February 2, 2026 for $340M cash.
- Net proceeds to be used primarily to pay down U.S. revolving credit facility and reinvest in core brands.
- Transition Services Agreement for up to 18 months covering accounting, IT, operations, and sales support.
- Pro forma FY2025 continuing ops net earnings of $72M vs $25.4M reported; debt reduced by $140M via revolver repayment.