- Church & Dwight Company, Inc. Common Stock (CHD) Institutional Holdings
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|Traded as||NYSE: CHD|
S&P 500 Component
|Founded||1847: as John Dwight and Company|
1896: as Church & Dwight, Co.
Ewing, New Jersey,
|Revenue||$3.4 billion (2015) |
Number of employees
|Divisions||Arm & Hammer, Nair, First Response, OxiClean, Brillo, Toppik, Waterpik, Pepsodent|
Church & Dwight Co., Inc., is a major American manufacturer of household products that is headquartered in Ewing, New Jersey and incorporated in Delaware. While it manufactures many items, it is best known for its Arm & Hammer line which includes baking soda and a variety of products made with it, including laundry detergent.
The company was founded in 1846 to unify two companies created by John Dwight of Massachusetts and his brother-in-law, Austin Church of Connecticut.
Church & Dwight Company, Inc. Common Stock (CHD) Institutional Holdings
Their partnership had begun in 1846 with the two founders selling sodium bicarbonate (also known as baking soda) that they refined in Dwight's kitchen.
The Arm & Hammer logo, which dates back to the 1860s, is often incorrectly claimed to have originated with tycoon Armand Hammer. Hammer was so often asked about the Church & Dwight brand, however, that he attempted to buy the company.
While unsuccessful, Hammer's Occidental Petroleum in 1986 acquired enough stock for him to join the Church & Dwight board of directors.
In 1970, the Arm & Hammer brand introduced the market’s first nationally-distributed, phosphate-free detergent: Arm & Hammer Powder Laundry Detergent.
Recent findings had shown the harmful effects phosphates could have on the health of lakes, streams and other freshwater bodies.
The brand rushed to provide a solution and, in less than a year, was able to bring the product from concept to market. That same year in April, Arm & Hammer was honored to be the sole corporate sponsor of the first annual Earth Day.
In 2001 the consumer product line of Carter-Wallace was sold to Church & Dwight, and MedPointe bought the diagnostics and drug businesses. The same year, Church & Dwight expanded its business into laundry detergent products by acquiring USA Detergents, the owner of Xtra detergent.
In 2006, Church & Dwight expanded its household brand portfolio with the acquisition of Orange Glo International, which included such brands as OxiClean, a premium-priced leader in the fast-growing laundry pre-wash additive category, Kaboom bathroom cleaners, and Orange Glo household cleaning products.
The acquisition provided not only new product categories, but also a different way for Church & Dwight brands to market themselves. Church & Dwight was ranked 723 in the Fortune 500 listing of companies in 2010.
In 2008, Church & Dwight acquired the Orajel business from Del Labs, which includes the #1 pain relievers for toothache, mouth sore and teething as well as the #1 brand of non-fluoride toothpaste.
Since the acquisition, Orajel has expanded its portfolio with the launch of Single Dose Cold Sore Treatment (recently renamed Touch-Free) and offers a range of kids oral care products featuring best-in-class licensing relationships for characters from Nickelodeon, Sesame, Hasbro and Marvel.
In 2010, Church & Dwight acquired two small businesses: Simply Saline, and Feline Pine.
Both of these acquisitions leveraged current consumer trends toward use of natural products and positively complemented the company's existing nasal hygiene and cat litter businesses.
In 2016, Church & Dwight acquired Spencer Forrest, Inc., the maker of Toppik hair care products.
In 2017, MidOcean Partners agreed to sell Waterpik for $1 billion to Church & Dwight.
At the time of the sale announcement, it was reported that Water Pik, Inc. had "$265 million of revenue in the fiscal year ended June 30, about 70% of which came from its water flosser products".
Historic products continuously available
- Aim Toothpaste (acquired in 2003 in the U.S.
- Arm & Hammer
- Arrid (acquired in 2001 from Carter-Wallace)
- Batiste (Dry Shampoo and Hair Care)
- Close-Up (licensing rights acquired in 2003 in the U.S. from Unilever)
- Kaboom (through merger in 2006 with Orange Glo International)
- Mentadent (acquired in 2003 in the U.S.
- Nair (acquired in 2001 from Carter-Wallace)
- Orajel (acquired in 2008 from Del Pharmaceuticals)
- Orange Clean (through merger in 2006 with Orange Glo International)
- Orange Glo (through merger in 2006 with Orange Glo International)
- OxiClean (through merger in 2006 with Orange Glo International)
- Pepsodent (acquired in 2003 in the U.S.
- RUB A535
- Simply Saline
- Trojan condoms
- VitaFusion and Lil' Critters (vitamin supplements)
- Waterpik shower heads, water flossers, and electric toothbrushes
- ^"Profile: Church & Dwight", NASDAQ
- ^"American Eagle Outfitters".
Fortune. Retrieved 2019-02-03.
- ^"EDGAR Search Results".
www.sec.gov. Retrieved 2018-10-30.
- ^"History". Retrieved 13 March 2017.
- ^"History of Product Names & Trademarks: Arm & Hammer Baking Soda". Retrieved 13 March 2017.
- ^"The Straight Dope: Did tycoon Armand Hammer have anything to do with Arm & Hammer baking soda?".
Church & Dwight Company
Retrieved 13 March 2017.
- ^"Carter-Wallace's brands will be sold to 2 different companies for a total of $1.12 billion". Los Angeles Times.
May 9, 2001. Retrieved 2011-09-26.
Church & Dwight Company, Inc. Common Stock (CHD) News Headlines
- ^Moore, Paula (2004-05-02). "OxiClean breathes new life into cleaning line".
- ^"Fortune 500 listings", CNNMoney.com, 2010.
- ^Vasquez, Justina, "Church & Dwight to Buy Water Pik for $1 Billion"(subscription required), Wall Street Journal, July 17, 2017.