Charterhouse Capital Partners Sells Deb Group to SC Johnson

Feb 9 2015 | 2:15am ET

Household products giant SC Johnson has purchased skin-care and hand-hygeine company Deb Group from private equity firm Charterhouse Capital Partners.

SC Johnson, which owns brands like Pledge and Windex cleaning products, said the deal will help it expand into the industrial and institutional markets.

SC Johnson underwent a restructuring in 2013, and has been expanding in recent years with additional acquisitions, including shoe-care company Melvo Holding GmbH and the Space Bag storage brand. 

Terms of the deal remain unknown, but the price tag could be a boon for the private equity house. 

In 2010, Charterhouse bought Deb Group for £335 million ($511 million). 

In July 2014, Reuters reported that Charterhouse had tasked Goldman Sachs with selling Deb Group in a deal worth up to £650 million pounds ($992 million). However, a new report indicates from a source that the deal could return Charterhouse at least 2.5 times its original investment.

U.K.-based Deb Group manufactures dispensers, hand cleansers and skin creams, and maintains operations in 18 countries. 


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...