Rembrandt acquisition

Executive Summary

Johnson & Johnson Personal Products company has completed its acquisition of Gillette's Rembrandt brand, the company announces Dec. 21. The acquisition was initially announced in October and represents entry into the tooth whitening category for J&J ("The Tan Sheet" Oct. 31, 2005, p. 7). The brand was sold due to FTC's competition requirements following Procter & Gamble's purchase of Gillette. J&J now has rights to all consumer and professionally dispensed Rembrandt products, including toothpastes, whitening strips, systems and mouth rinses...