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SC Johnson to acquire 3 brands from ACI

Business Desk |
Update: 2015-04-25 01:03:00
SC Johnson to acquire 3 brands from ACI

DHAKA: S.C. Johnson & Son Inc. said Friday it has continued a run of foreign acquisitions by buying three brands from Advanced Chemical Industries Limited of Bangladesh.

The move adds ACI Insecticides, Angelic Air Care and the Vanish Brand of Toilet Cleaners to S.C. Johnson's product portfolio, which also includes Glade, Pledge, Scrubbing Bubbles, Windex and Ziploc.

"These brands will help us strengthen our footprint in the growing Bangladesh market," said Fisk Johnson, S.C. Johnson's chairman and CEO, in a statement.

S.C. Johnson, a private firm based in Racine, generates $9 billion in sales annually and employs about 13,000 people globally. The company did not disclose the purchase price for the transaction.

Source: jsonline.com

BDST: 1058 HRS, APR 25, 2015
RS

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