Clorox Buys Purell Maker Gojo for $2.25 Billion, Expanding Into Institutional Hygiene
Updated
Updated · The Motley Fool · Jun 6
Clorox Buys Purell Maker Gojo for $2.25 Billion, Expanding Into Institutional Hygiene
3 articles · Updated · The Motley Fool · Jun 6
Summary
$2.25 billion bought Clorox Gojo Industries, adding Purell after the deal closed on April 1, 2026.
Purell gives Clorox a new commercial channel in institutional health and hygiene, reaching hospitals, schools, airports and office buildings where the brand already has entrenched demand.
The acquisition comes as Clorox works through an ERP-system transition that has disrupted shipments and pressured earnings; management expects those costs to ease by the fourth quarter of the current fiscal year.
Clorox shares had fallen as much as 37% from their 52-week high, lifting the dividend yield to about 5.5% while extending a 48-year streak of annual dividend growth.