Prestige Brands (PBH) to Acquire DenTek Oral Care in $225M Cash Deal

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Prestige Brands Announces Agreement to Acquire DenTek Holdings, Inc.; Acquisition Will Add Scale Brand and Expands Oral Care Platform

November 23, 2015 6:30 AM EST

Conference Call Scheduled Today at 10:30am

TARRYTOWN, N.Y.--(BUSINESS WIRE)-- Prestige Brands Holdings, Inc. (NYSE-PBH) (Prestige) today announced that it has entered into a definitive agreement to acquire DenTek Oral Care, Inc. (DenTek), a privately-held marketer and distributor of oral care products for $225 million in cash. This transaction would add pro forma revenues and adjusted EBITDA of approximately $60 million and $23 million, respectively on an annualized basis.

The acquisition of DenTek® will expand Prestiges portfolio of iconic OTC brands into the fast-growing specialty oral care products category in the U.S., Australia and... More