Clorox Bleach Buys Burt's Bees for $925 million
We're all scratching our heads here at ShaveReview trying to figure out how Oakland based Clorox will have the wherewithall to run a beauty business. The fact that Clorox paid four times sales for Burt's (projected to be $170 million) leads us to believe they feel quite confident about execution with Burt's existing sales force, or that the new "Green" product line will be just what the Clorox distribution pipe needs to offset a lackluster 1% quarterly decline in their core profits. Let's face it we're not rushing out to the store to buy more bleach these days. And if we did, we're not going to find it at Whole Foods where Burt's products are sold. To their credit Clorox already manages a few other consumer brands:
However these core brands move at a snails pace compared to the health and beauty brands. Burt fans stay tuned! Other Green Strategies
So who's next?
Match.com's "Not Green, but got Green" Gillette is the fastest growing brand in P&G's history! |

