Leading Irish law firm Matheson has advised Nasdaq-listed Church & Dwight Co, Inc. on its acquisition of Irish haircare brand Viviscal Limited for US$160 million. The deal completed on 17 January 2017.
Viviscal is the leading non-drug hair care supplement brand and is sold in more than 25,000 stores across the United States. Viviscal had annual sales in 2016 of $44 million.
Church & Dwight Co, Inc., based in Ewing, New Jersey, is a major American manufacturer of household products, best known for its Arm & Hammer line and Orajel toothpaste.
The Matheson team was led by Dublin-based Corporate M&A partner Brian McCloskey and associate Lucy Conlon.
Matheson partner Brian McCloskey commented:
"We are pleased to close this exciting deal for new client Church & Dwight Co, Inc. as it continues its expansion. The transaction further illustrates our position as the law firm of choice for international companies investing in Ireland."