Reckitt Benckiser

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Reckitt Benckiser plc
Type Public LSE: RB
Founded 1999
Headquarters Slough, United Kingdom
Key people Adrian Bellamy (Chairman)
Bart Becht (CEO)
Colin Day (CFO)
Industry Chemicals
Products Cleaning products & healthcare
Revenue Image:Green up.png £4.922 billion (Year to 31 December 2006)
Net income £674 million (Year to 31 December 2006)
Employees 19,900 (2004)
Website www.reckittbenckiser.com

Reckitt Benckiser plc is one of the world's leading manufacturers of cleaning products and a member of the FTSE 100 Index of the largest companies traded on the London Stock Exchange. It is headquartered in the town of Slough just to the west of Greater London.

Reckitt Benckiser has operations in more than sixty countries and sells its products in more than 180 countries. Turnover for the year to 31 December 2006 was £4,922 million. Profits before tax were £874 million, and net profits were £674 million. The company focuses on high-margin products and has shown strong growth in earnings per share in recent years. At 31 December 2006, it had a market capitalisation of £16.878 billion.

Contents

[edit] History

The company was formed by a merger between Britain's Reckitt & Colman and the Dutch company Benckiser NV in 1999. The origins of Reckitt Benckiser's main predecessor businesses are set out below. Various other business have also been purchased over the years.

  • Colman's was founded in 1814 when Jeremiah Colman began milling flour and mustard in Norwich, England
  • Johann A. Benckiser founded a business in the Netherlands in 1823. Its main products were industrial chemicals.
  • Isaac Reckitt rented a starch mill in Hull, England, in 1840. He diversified into other household products and in due course passed on his business to his four sons. Reckitt & Sons listed on the London Stock Exchange in 1888
  • In 1938 Reckitt & Sons merged with J&J Colman to become Reckitt & Colman Ltd.

Reckitt & Colman sold the Colman's food business in 1995 but still has some food brands. It divides its brands into six categories: surface care, fabric care, dishwashing, home care, health and personal care, and food.

In October 2005, Reckitt Benckiser agreed to purchase the over-the-counter drugs manufacturing business of Boots Group, Boots Healthcare International, for £1.926 billion. The three main brands acquired were Nurofen in analgesics; Strepsils sore throat lozenges; and Clearasil anti-acne treatments.

In September 2006, the company announced it would close its factory in Bilbao, Spain, leaving its 190 workers without their jobs.

[edit] Brands

This is a list of the brands owned by Reckitt Benckiser. Not all brands are sold in every country, and the same product may be sold under different brands in different countries.

Logo Name Location Notes
Aerogard
Image:Airwick.gif Air Wick
Amphyl
Bonjela
Image:Brasso.gif Brasso
Calgon
Calgonit
Cattlemen's
Ceraclen Germany, Austria, Switzerland
Chore Boy this brand was just divested to Prestige
Cillit
Clean and Smooth
Clearasil part of Boots Healthcare International (BHI) purchase in October 2005
Cling
Cling Free
Image:Dcon.gif d-Con
Dettol
Image:Dipit.gif dip-it
Disprin
Easy-Off
Easy On
Image:Electrasol.gif Electrasol
Finish
Frank's Red Hot
French's Foods
Gaviscon
Glass Magic
Glass Mates
Glass Plus
Glassex
Harpic
Hoffmann's Germany, Austria, and Switzerland
Image:Jetdry logo.gif Jet-Dry
Lemsip
Image:Reddevil logo.gif Lewis Red Devil
Lime-A-Way
Lysol
Image:Master medalist.gif Masterpiece Metalist
Image:Mopglo.gif Mop & Glo
Mortein
Mr. Sheen
Image:Nenuco.jpg Nenuco
Image:Neutraair.gif Neutra-Air
Nurofen part of BHI purchase
Noxon
Image:Oldenglish.gif Old English
Perk
Precision Blend
Resolve
Image:Ridx.gif Rid-X
Image:Sagrotan.jpg Sagrotan
Sani-Flush
Senokot
Spray 'n Starch
Image:Spraywash.gif Spray 'n Wash
Strepsils part of BHI purchase
Vanish
Vani-Sol
Veet
Vitroclen
Vivid
Wenol Germany Metal polish
Wizard
Image:Woolite.gif Woolite
Yes
Image:Zud.gif Zud

[edit] Ownership

  • JAB Investments, 15.4%
  • Legal & General Investment Management, 3.2%
  • MFS Investment Management, 3.1%

[edit] Competitors

[edit] External links

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