company news; philips unit to buy maker of power toothbrushes - personal care appliances

by:Yovog     2020-06-25
company news; philips unit to buy maker of power toothbrushes  -  personal care appliances
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Royal Philips Electronics's 2000 Philips home appliances and personal care company said yesterday it had agreed to buy Optiva.
Optiva is the leading electric toothbrush manufacturer in the United States with annual sales of $0. 175 billion.
Philips home washing machine based in snoquarmi.
Electric razors, cosmetic and dental care products for women and household appliances are produced.
On the New York Stock Exchange, Royal Philips Electronics, headquartered in Amsterdam, rose 13 cents to $48. 25.
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A version of this article was printed on page C00004 of the National edition on August 23, 2000, with the title: Company News;
Philips buy electric toothbrush manufacturers.
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