Prestige Brands

Type: Public
On the web: http://www.prestigebrands.com
Employees: 100
Employee growth: 7.5%

Prestige Brands is a lifesaver in the business of resuscitating offloaded consumer product brands. The firm acquires, develops, and markets over-the-counter drugs, household cleaning products, and personal care items. Prestige Brands' portfolio includes Chloraseptic, Clear Eyes, Comet, Compound W, Cutex, Denorex, Dermoplast, Murine, New-Skin, Prell, Spic and Span, and others. Prestige Brands contracts out the manufacturing of its products, which are sold through mass merchandisers and retail stores primarily in North America. The company was formed in 1996 to acquire and revitalize leading but neglected consumer brands divested by major consumer companies, such as Procter & Gamble.

Key numbers for fiscal year ending March, 2009:
Sales: $312.7M
One year growth: (4.3%)
Net income: ($186.8)M

Officers:
President, CEO, and Director: Matthew (Matt) Mannelly
SVP Operations: Lieven Nuyttens
CFO: Peter J. Anderson

Competitors:
Clorox
Johnson & Johnson
Procter & Gamble

Prestige Brands, Inc. NYSE: PBH is a company that manufactures personal care and home cleaning products. It was formed by the merger of Medtech Products, Inc., Prestige Brands International, and The Spic and Span Company. The company is headquartered in Irvington, New York.

Brands owned by Prestige Brands include Denorex and Prell shampoos, Cutex nail products, Chloraseptic sore throat products, Compound W wart remover, and the Comet and Spic and Span cleaning products.

The company's CEO and Chairman is Mark Pettie.

History

Prestige Brands Holdings, Inc. was originally formed in 1996, as a joint venture of Medtech Labs and The Shansby Group, to acquire over-the-counter drug brands from American Home Products.

Prestige Brands International was organized in 1999 to acquire and revitalize leading, neglected but healthy brands that were discontinued by major consumer products companies that originally made them.

External links

• Prestige Brands web site
• Marketwatch - Prestige Brands Hldgs Inc

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