Company News

SmithKline To Buy Block Drug Co.

Author Image

By: TOM BRANNA

Editor

SmithKline Beecham PLC is buying U.S.-based Block Drug Co. for $1.24 billion, adding brands such as Sensodyne toothpaste and Poli-Grip denture adhesive to its consumer health care portfolio that includes Aquafresh toothpaste. The deal announced Monday would secure SmithKline’s place among the world’s biggest toothpaste manufacturers behind Colgate Palmolive and Procter & Gamble.“This acquisition will significantly enhance SB’s Consumer Health Care business, which is ...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters