Latham & Watkins Advises on Touchland's US$880 Million Sale to Church & Dwight
Church & Dwight Co., Inc. (NYSE: CHD) has completed the acquisition of Touchland® brand for US$700 million at closing, consisting of cash and Church & Dwight restricted stock, plus an additional payment of up to US$180 million contingent on the achievement of Touchland’s 2025 net sales, bringing the total purchase price to US$880 million. Touchland is the fastest growing brand in the hand sanitizer category in the United States and ranks as the No. 2 hand sanitizer in the category.
Latham & Watkins LLP represented Touchland’s lead investors, Movendo Capital, Redo Ventures, and Sonoma Brands Capital, in the transaction with a corporate deal team led by New York partner Eli Curi and associate Jay Trewn.