Business
Edgewell Personal Care Completes the Sale of its Feminine Care Business to Essity for $340M
Edgewell Personal Care Company (NYSE: EPC) today announced that it has completed the sale of its feminine care business to Essity, a leading global health and hygiene company based in Sweden, for $340 million. Edgewell intends to use the net proceeds from the sale, after taxes and transaction costs, primarily to strengthen its balance sheet and pay down the balance of U.S. revolving credit facility while continuing to invest in the long-term growth of its core businesses.
About this update from Edgewell Personal Care Company
[{"type":"text","content":"SHELTON, Conn., Feb. 2, 2026 /PRNewswire/ -- Edgewell Personal Care Company (NYSE: EPC) today announced that it has completed the sale of its feminine care business to Essity, a leading global health and hygiene company based in Sweden, for $340 million. Edgewell intends to use the net proceeds from the sale, after taxes and transaction costs, primarily to strengthen its balance sheet and pay down the balance of U.S. revolving credit facility while continuing to invest in the long-term growth of its core businesses.","length":526,"tagName":"p"},{"type":"image","alt":"Edgewell Personal Care Company logo (PRNewsFoto/Edgewell Personal Care Company)","displaySize":"","headline":null,"caption":"Edgewell Personal Care Company logo (PRNewsFoto/Edgewell Personal Care Company)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":191,"url":"https://media.zenfs.com/en/prnewswire.com/ef1ac6cc42cb76b528291b2cff6af83d"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Yo9pNBolPXL8fE1drieSfw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTMzNztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/ef1ac6cc42cb76b528291b2cff6af83d","width":400,"height":191}},"href":"https://mma.prnewswire.com/media/287050/Edgewell_v1_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""Completing the sale of our Feminine Care business is a pivotal step in Edgewell's transformation. By simplifying our portfolio and focusing our resources on shave, sun and skin care, and grooming, we are positioning Edgewell to be a more focused, agile and durable personal care company," said Edgewell President and CEO Rod Little. "The proceeds from this transaction will strengthen our balance sheet, support debt reduction and reinvestment behind our core brands and innovation pipeline, as we look to drive sustainable growth and long‑term value for shareholders, while our Feminine Care colleagues gain new opportunities as part of Essity, a global leader in health and hygiene."","length":710,"tagName":"p"},{"type":"text","content":"Edgewell expects to work closely with Essity to ensure a smooth transition for employees, customers, and consumers of the Feminine Care business. The Company and Essity entered into a Transition Services Agreement to provide certain support services in the areas of accounting, infor...