Thursday, February 25, 2021 11:43:28 AM
"BOSTON, Feb. 24, 2021 /PRNewswire/ -- Yellow Wood Partners LLC ("Yellow Wood"), a Boston-based private equity firm focused on investing in consumer brands and companies, today announced that it has entered into an agreement to acquire the Scholl footcare brand, which operates globally outside of the Americas, from U.K.-based consumer-goods company Reckitt Benckiser Group plc ("RB"). The acquisition will reunite Scholl with the Dr. Scholl's™ brand as one entity after 30+ years of separate ownership. The combined business generates annual retail sales exceeding $700 million with leading market shares in the footcare category globally."
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