Water Pik
Water Pik, Inc. (also Waterpik) is an American oral health products company based in Fort Collins, Colorado. A subsidiary of Church & Dwight, it produces personal and oral health care products such as oral irrigators and pulsating shower heads.[1]
Until 2013, Water Pik Technologies, Inc. was a manufacturer of personal care products as well as swimming pool products, which it marketed under the Water Pik, Jandy and Air Energy brands. The pool products division, with the Jandy brand, was retained by the Carlyle Group within the "Pool Care" division of Zodiac Marine & Pool, now Zodiac Pool Solutions.
History
[edit ]Waterpik began in 1962 as Aqua Tec Corporation. with the invention of the oral irrigator.[2] It was acquired by Teledyne Inc in 1967 and was spun off as a public company, Water Pik Technologies, in 1999.
It was then bought by the private equity firm Carlyle Group and French company Zodiac in 2006 in a deal valued at 380ドル million.[3] [2] [4] At this point Water Pik had six major facilities in the US and Canada.[5]
In 2007, Water Pik's pool equipment division was merged by the Carlyle Group and Zodiac with its marine and pool division to form a new entity called Zodiac Marine & Pool, headquartered in Paris, France.
In 2012, Water Pik was reported to have 1,400 employees.[4] In 2013, Zodiac Marine & Pool (Carlyle Group) and EG Capital sold their stake in Water Pik (excluding the pool equipment division) to MidOcean Partners and Vulcan Capital.[6]
In 2017, MidOcean agreed to sell the company for 1ドル billion to Church & Dwight. At the time of the sale announcement, it was reported that the company had "265ドル million of revenue in the fiscal year ended June 30, about 70% of which came from its water flosser products".[7]
References
[edit ]- ^ "About Water Pik, Inc". www.waterpik.com.
- ^ a b "Water Pik Technologies sold". BizWest.
- ^ "The Carlyle Group Announces Agreement to Acquire, Together With Zodiac, Water Pik Technologies, Inc. (NYSE: PIK); Water Pik Technologies Stockholders to Receive 27ドル.75 per Share in Cash; Transaction Equity Valued at 380ドル Million | Carlyle". www.carlyle.com. Archived from the original on 2023年08月19日. Retrieved 2025年03月08日.
- ^ a b "Water Pik Technologies". NNDB (Notable Names Database).
- ^ "Water Pik Technologies, Inc. Announces Completion of Merger". Business Wire.
- ^ "Harris Williams & Co. Advises Water Pik, Inc. in its Sale to MidOcean Partners and Vulcan Capital". HarrisWilliams&Co.
- ^ Vasquez, Justina, "Church & Dwight to Buy Water Pik for 1ドル Billion" (subscription required), Wall Street Journal, July 17, 2017. Retrieved 2017年07月17日.
