WD-40 Company Completes Sale of U.K. Homecare and Cleaning Businesses to Supreme Imports Ltd
Reuters
Sep 16
WD-40 Company Completes Sale of U.K. Homecare and Cleaning Businesses to Supreme Imports Ltd
D.A. Davidson announced that it acted as the exclusive sell-side financial advisor to WD-40 Company for the sale of its U.K. homecare and cleaning businesses to Supreme Imports Ltd. WD-40 Company, known for its household and maintenance products, is focusing on optimizing its portfolio to prioritize higher growth opportunities in maintenance products. The transaction allows WD-40 to concentrate on its core brands, such as WD-40® Multi-Use Product and 3-IN-ONE®. D.A. Davidson emphasized its role in ensuring the 1001 and 1001 Carpet Fresh Brands found a suitable new home, underscoring the company's commitment to strategic divestitures in the household products sector.
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