The Clorox Company
Clorox Acquires GOJO and Enters into Credit Agreements
Summary
On March 6, 2026, The Clorox Company announced the acquisition of GOJO Industries, Inc., maker of PURELL, for which the company entered into a $1,000,000,000 364-day revolving credit agreement and a $1,250,000,000 term credit agreement to finance the acquisition. These agreements were made with JPMorgan Chase Bank, N.A., Citibank, N.A., and Wells Fargo Bank, National Association as the administrative agents and lenders. The credit agreements are intended to fund the acquisition and related fees and expenses, with the term loan maturing on March 5, 2027.
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About The Clorox Company
The Clorox Company is a prominent entity in the consumer goods industry, specializing in the production and distribution of cleaning products, health and wellness items, and household goods. Known for its flagship bleach product, Clorox plays a vital role in maintaining hygiene standards in both residential and commercial settings. Founded in 1913 and headquartered in Oakland, California, the company has expanded its offerings to include well-known brands such as Pine-Sol, Liquid-Plumr, and Burt's Bees, thus appealing to a diverse market segment. Clorox's primary function is to manufacture and provide goods that promote cleanliness, health, and wellness, addressing consumer needs across various sectors including healthcare, food service, and home maintenance. The company has committed to sustainability and corporate responsibility, emphasizing eco-friendly packaging and products. Within the financial market, Clorox stands as a significant player, often seen as a stable consumer staples stock. It influences economic indicators related to consumer spending trends and provides investors with insights into consumer behavior in the domestic and international markets. The company's focus on innovation and consumer trust bolsters its longstanding impact on household goods and related sectors.
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