
In the merger of the cleaning giant, Church & Dwight, the manufacturer of the Arm & Hammer product line, said on Monday it would buy Orange Glo International in cash of $0. 325 billion.
Sales will end in the third quarter of this year.
Headquartered in Orange Glo, a private holding in the village of Greenwood, Colorado.
Last year, OxiClean, Kaboom and Orange Glo hardwood floor care products were sold with sales of nearly $0. 2 billion. Princeton, N. J. -
In recent years, Church & Dwight has snapped up small product lines such as rotating brush batteries
Electric toothbrush and Brazilian skin
Care operation will fund purchases and add $0. 25 billion to bank credit and cash.
Sales are reported to be $1.
Sales last year were $7 billion, of which sales of household and laundry cleaning products were $0. 25 billion.
The company will operate Orange Glo as an independent business unit, but said it expects the company's cost efficiency to reach $20 million by mid-term
2008 through merger operations.
Shares of Church & Dwight rose 22 cents to $35.
Shares traded on the New York Stock Exchange in the morning.
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