Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRB..L Regulatory News (RB.)

  • There is currently no data for RB.

Acquisition

10 Mar 2014 08:20

RNS Number : 8879B
Reckitt Benckiser Group PLC
10 March 2014
 



 

 

 

Slough, England - March 10, 2014- Reckitt Benckiser Group PLC ("RB") (LSE: RB) today announces that it has signed a definitive agreement to acquire from McNEIL-PPC, Inc, a subsidiary of Johnson & Johnson, the global rights to the K-Y brand ("K-Y"), a leader in intimate lubricants. The transaction is subject to customary regulatory approvals and closing conditions and is expected to close in mid 2014. No employees or fixed assets are included in the purchase.

K-Y started as a prescription medical device in 1917 and switched to over-the-counter in 1980. The brand's clinical and professional heritage is unique in the category and is the underpinning to its trusted and professionally endorsed position. It has been the historical innovator in the category and was the brand that built the female intimacy enhancement segment in lubricants.

K-Y, as a global leader in intimate lubricants with very high trust score amongst women, will sit alongside the RB Powerbrand Durex to create a unique portfolio of brands in the sexual wellbeing category. Its addition will immediately transform RB's sexual well-being category in the USA and Brazil. K-Y will benefit from RB's strong innovation, brand equity investment and go-to-market capabilities.

Net sales of K-Y in 2013 were greater than $100 million. It is sold in over 50 countries around the world, with the US, Canada and Brazil accounting for the majority of 2013 sales.

 

 

For queries contact:

For further information, please contact:

Reckitt Benckiser

Richard Joyce

Director, Investor Relations

Andraea Dawson-Shepherd

SVP, Global Corporate Communication & Affairs

+44 (0)1753 217800

 

 +44 (0)1753 446447

Brunswick (Financial PR)

David Litterick

+44 (0)20 7404 5959

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
ACQURAWRSVAOARR
Date   Source Headline
4th Nov 20155:18 pmRNSTransaction in Own Shares
3rd Nov 20154:59 pmRNSTransaction in Own Shares
2nd Nov 20155:04 pmRNSTransaction in Own Shares
2nd Nov 201510:19 amRNSTotal Voting Rights
30th Oct 20155:52 pmRNSTransaction in Own Shares
29th Oct 20155:02 pmRNSTransaction in Own Shares
28th Oct 20155:00 pmRNSTransaction in Own Shares
27th Oct 20154:54 pmRNSTransaction in Own Shares
26th Oct 20155:03 pmRNSTransaction in Own Shares
23rd Oct 20155:07 pmRNSTransaction in Own Shares
22nd Oct 20155:17 pmRNSTransaction in Own Shares
21st Oct 20156:11 pmRNSTransaction in Own Shares
21st Oct 20157:00 amRNSQ3 2015 Trading Update
20th Oct 20154:58 pmRNSTransaction in Own Shares
19th Oct 20154:51 pmRNSTransaction in Own Shares
16th Oct 20154:50 pmRNSTransaction in Own Shares
16th Oct 201510:41 amRNSRB Announces 2015 Winners of Global R&D Innovation
15th Oct 20154:53 pmRNSTransaction in Own Shares
14th Oct 20154:51 pmRNSTransaction in Own Shares
13th Oct 20155:00 pmRNSTransaction in Own Shares
12th Oct 20155:17 pmRNSTransaction in Own Shares
9th Oct 20154:54 pmRNSTransaction in Own Shares
8th Oct 20154:47 pmRNSTransaction in Own Shares
7th Oct 20155:31 pmRNSTransaction in Own Shares
6th Oct 20155:29 pmRNSTransaction in Own Shares
6th Oct 20153:47 pmRNSDirector/PDMR Shareholding - Replacement
5th Oct 20155:40 pmRNSTransaction in Own Shares
2nd Oct 20155:28 pmRNSTransaction in Own Shares
1st Oct 20155:29 pmRNSTransaction in Own Shares
1st Oct 201511:36 amRNSTotal Voting Rights
30th Sep 20155:17 pmRNSShare Repurchase Programme
30th Sep 201512:55 pmRNSDirector/PDMR Shareholding
30th Sep 201512:53 pmRNSDirector/PDMR Shareholding
30th Sep 201512:50 pmRNSDirector/PDMR Shareholding
30th Sep 201512:48 pmRNSDirector/PDMR Shareholding
30th Sep 201512:45 pmRNSDirector/PDMR Shareholding
22nd Sep 20152:34 pmRNSDirector/PDMR Shareholding
11th Sep 20153:15 pmRNSRB IN DOW JONES SUSTAINABILITY WORLD INDEX
3rd Sep 20151:38 pmRNSDirector/PDMR Shareholding
1st Sep 20154:17 pmRNSDirector/PDMR Shareholding
1st Sep 20159:14 amRNSTotal Voting Rights
20th Aug 20155:23 pmRNSTransaction in Own Shares
19th Aug 20155:03 pmRNSTransaction in Own Shares
19th Aug 20152:11 pmRNSReplacement: Transaction in Own Shares
18th Aug 20154:55 pmRNSTransaction in Own Shares
17th Aug 20155:00 pmRNSTransaction in Own Shares
14th Aug 20155:02 pmRNSTransaction in Own Shares
13th Aug 20155:08 pmRNSTransaction in Own Shares
12th Aug 20155:01 pmRNSTransaction in Own Shares
11th Aug 20155:05 pmRNSTransaction in Own Shares

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.