Church & Dwight to acquire Water Pik for about $1 billion
EWING, N.J. — Church & Dwight Co. announced it has signed a definitive agreement to acquire Water Pik Inc. for approximately $1 billion in cash. The transaction, which is subject to regulatory approval and other customary conditions, is expected to close in the third quarter. Waterpik’s net sales for the trailing 12 months through June