01.18.18
Edgewell Personal Care Company announced today an agreement to acquire Jack Black, L.L.C., a leading U.S. based luxury men's skincare products company.
Jack Black was an early pioneer in the growing men's skincare industry, and according to the NPD Group, it is the number one brand in the men's prestige skincare market. The company was founded in Dallas, Texas, and offers a full range of products including skincare, body care, shaving, hair care, fine fragrance, razors, and gift sets. The brand's largest markets are in the U.S. and Canada, where it is a top seller at Nordstrom, ULTA Beauty, Neiman Marcus, Bloomingdale's, Dillard's and Sephora.
Colin Hutchison, Edgewell's COO, comments, "As a challenger company in men's grooming, Edgewell has continuously pressed beyond category conventions to bring unique solutions and innovation, such as Schick Hydro and Bulldog skincare, to satisfy men's everyday grooming needs. Similarly, Jack Black is a breakthrough brand, driving the growth of the luxury men's category through product innovation and cultivation of a highly engaged, loyal and growing customer base."
Curran Dandurand, CEO of Jack Black, adds, "We are delighted to be joining Edgewell's family of brands. This is an excellent home for Jack Black, and we look forward to continuing to drive strong growth in North America and expanding our global presence."
Terms of the transaction were not disclosed. The transaction is expected to close in the second quarter of 2018.