PZ Cussons acquires UK personal care brand for babies and children Childs Farm

(RTTNews) – PZ Cussons said it has acquired the entire issued share capital of Childs Farm, the UK’s leading personal care brand for babies and children.

Joanna Jensen, founder of Childs Farm, subsequently invested in subsidiary PZ Cussons which completed the acquisition such that PZ Cussons now owns an approximate 0.92% stake in Childs Farm for total consideration of 36 .8 million pounds, with an agreed path. in full ownership by the end of May 2025.

The transaction is not expected to have a material impact on the Group’s earnings for the year ended May 31, 2022 and will be earnings accretive for the year ended May 31, 2024.

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