Clorox

Clorox, the US cleaning and consumer goods manufacturer, has entered into a definitive agreement to acquire Gojo Industries, the maker of Purell hand sanitiser, in a cash transaction valued at $2.25 billion. The deal, which includes anticipated tax benefits that bring the net purchase price to approximately $1.92 billion, is designed to significantly expand Clorox’s presence in the professional hygiene sector. GOJO, a family-owned business headquartered in Akron (OH), generates …