AP NEWS

Schick parent company to acquire Harry’s Inc.

May 9, 2019

Edgewell Personal Care Company is adding Harry’s Inc. to its list of subsidiaries.

The Shelton-based company, which owns brands like Schick and Wilkinson Sword, announced Thursday that it is buying the New York-based shaving company in a cash and stock transaction that values Harry’s at $1.37 billion.

“The combination of Edgewell and Harry’s is a pivotal step forward in further transforming our organization and strengthening our competitive position and ability to drive sustained growth and value creation,” said Rod Little, Edgewell’s President and Chief Executive Officer in a press release.

This story is developing

Jordan.grice@hearstmediact.com