Prestige Brands Holdings Inc. (NYSE: PBH) is acquiring DenTek Oral Care Inc. from TSG Consumer Partners LLC for $225 million in cash.
DenTek makes floss picks, tongue cleaners and other oral care products under the DenTek brand. Pharmacy retailers such as Wal-Mart Stores Inc. (NYSE: WMT), Target Corp. (NYSE: TGT), Walgreens Walgreens Boots Alliance Inc. (Nasdaq: WBA), CVS Health Corp. (NYSE: CVS) Corp., Rite Aid Corp. (NYSE: RAD) and Kroger Co. (NYSE: KR) carry DenTek. Prestige is funding the acquisition with cash and debt. TSG acquired DenTek in 2010.