1. Home >
  2. M&A >
  3. Divestiture >
  4. United States >
  5. Connecticut >
  6. Procter & Gamble Acquires Clairol

M&A Deal Summary

Procter & Gamble Acquires Clairol

On May 22, 2001, Procter & Gamble acquired consumer products company Clairol from Bristol-Myers Squibb for 5.0B USD

Acquisition Highlights
  • This is Procter & Gamble’s 7th transaction in the Consumer Products sector.
  • This is Procter & Gamble’s 3rd largest (disclosed) transaction.
  • This is Procter & Gamble’s 9th transaction in the United States.
  • This is Procter & Gamble’s 2nd transaction in Connecticut.

M&A Deal Summary
Date 2001-05-22
Target Clairol
Sector Consumer Products
Buyer(s) Procter & Gamble
Sellers(s) Bristol-Myers Squibb
Deal Type Divestiture
Deal Value 5.0B USD

Target

Clairol

Stamford, Connecticut, United States
Clairol, Inc., is a provider of hair care products. Its brands include Clairol, Aussie, Infusium and Herbal Essences as well as Nice 'n Easy, Natural Instincts, Miss Clairol and Hydrience.

Search 214,744 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Procter & Gamble

Cincinnati, Ohio, United States
Category Company
Founded 1837
Sector Consumer Products
Employees108,000
Revenue 84.0B USD (2024)
DESCRIPTION
Entrance to Procter & Gamble's corporate headquarters in Cincinnati, Ohio.
Entrance to Procter & Gamble's corporate headquarters in Cincinnati, Ohio.

Procter & Gamble is a producer of branded consumer packaged goods. Procter & Gamble was formed in 1837 and is based in Cincinnati, Ohio.

DEAL STATS #
Overall 9 of 29
Sector: Consumer Products M&A 7 of 23
Type: Divestiture M&A Deals 2 of 4
State: Connecticut M&A 2 of 2
Country: United States M&A 9 of 26
Year: 2001 M&A 1 of 1
Size (of disclosed) 3 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-11-01 Prell

Bala Cynwyd, Pennsylvania, United States

Prell is a provider of pearl green shampoo and conditioner products.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-10-11 Jif Peanut Butter / Crisco

United States

Jif is a brand and producer of peanut butter. Crisco is a producer of shortening.

Sell $813M

Seller(S) 1

SELLER

Bristol-Myers Squibb

Princeton, New Jersey, United States
Category Company
Founded 1887
Sector Life Science
Employees34,100
Revenue 48.3B USD (2024)
DESCRIPTION

Bristol-Myers Squibb is a life science company engaged in the discovery, development, licensing, manufacturing, marketing, distribution and sale of biopharmaceutical products on a global basis. Bristol-Myers Squibb was incorporated in 1887 and is based in Princeton, New Jersey.

DEAL STATS #
Overall 3 of 13
Sector: Consumer Products M&A 2 of 2
Type: Divestiture M&A Deals 3 of 9
State: Connecticut M&A 1 of 1
Country: United States M&A 3 of 8
Year: 2001 M&A 1 of 2
Size (of disclosed) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-04-18 Matrix Essentials

Cleveland, Ohio, United States

Matrix Essentials, Inc. is a manufacturer of haircare products for the professional salon industry in North America.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-08-07 Zimmer Biomet

Warsaw, Indiana, United States

Zimmer Biomet is a designer, developer, and manufacturer of orthopedic reconstructive, spinal, and trauma devices, dental implants, and related orthopedic surgical products. Zimmer Biomet was founded in 1927 and is based in Warsaw, Indiana.

Sell -
Mergr

Solution for

Product

Company

Legal