Reckitt Benckiser 

Reckitt Benckiser plc
Type Public (LSE: RB)
Founded 1814
1938 by merger of Reckitt & Sons and J&J Colman.
1999 by merger of Reckitt & Colman and Benckiser.
Headquarters Slough, England, UK
Key people Adrian Bellamy (Chairman)
Bart Becht (CEO)
Rakesh Kapoor (EVP Category Development)
Colin Day (CFO)
Industry Chemicals
Products Cleaning products, healthcare, condiments
Revenue £5,3 billion (2007)
Operating income £1,2 billion (2007)
Net income £938 million (2007)
Employees 21,900 (2006)
Website www.reckittbenckiser.com

Reckitt Benckiser plc (LSE: RB) is a leading British-based manufacturer of cleaning products. It is headquartered in the town of Slough to the west of London. Reckitt Benckiser has operations in more than sixty countries and sells its products in more than 180 countries. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

Contents

History

The company was formed by a merger between Britain's Reckitt & Colman and the Dutch company Benckiser NV in December of 1999.1 The origins of Reckitt Benckiser's main predecessor businesses are set out below. Various other business have also been purchased over the years.

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.4

In January 2008, the Company acquired Adams Respiratory Therapeutics Inc., a pharmaceutical company, for $2.3bn.5

Operations

The Company divides its brands into six categories: surface care, fabric care, dishwashing, home care, health and personal care, and food.

Controversy

In March 2008, Reckitt Benckiser was accused of blocking a generic version of one of its most popular products, Gaviscon. The generic remedy, it was estimated, could save the NHS up to £40M. Leaked documents from Reckitt Benckiser revealed the existence of 'Project Eric', the objective of which appeared to be the manipulation of doctors and regulators.6

Brands

This is a list of the brands owned by Reckitt Benckiser:

  • Resolve
  • Rid-X
  • Robin Blue
  • Sagrotan
  • Sani Flush
  • Senokot
  • Sipuro
  • Spray 'n Starch
  • Spray 'n Wash
  • Strepsils
  • Vanish
  • Vani-Sol
  • Veet
  • Vitroclen
  • Vivid
  • Wenol
  • Wizard
  • Woolite
  • Yes
  • Zud

Ownership

Lizol

Competitors

References

  1. ^ Reckitt & Coleman annouce further delay to Dutch merger
  2. ^ a b c d e f Reckitt Benckiser History
  3. ^ The case for US GAAP
  4. ^ Reckitt Benckiser buys Boots unit BBC News, 2005
  5. ^ Reckitt completes Adams tender offer
  6. ^ Company accused of cheating NHS

External links

Companies portal