5/1/1982 - Adler & Ace (AA) - ACQUISITION ANNOUNCEMENT
Adler & Ace (AA) increased its portfolio of prescription and over-the-counter products with the acquisition of Tollsen Oster Pharmaceuticals. In total, the acquisition Adler & Ace will increase its drug revenues by 25% - 50%. Tollsen will vastly increase the company's offerings for headache and painkillers as well as cough and cold medicines. Terms of the deal were not disclosed.
About Adler & Ace (AA):
Adler & Ace is a large household products company with individually brand product names. The companies main focuses are laundry and detergents, paper goods, beauty care, food and beverages, and health care. It also makes pet food and water purifiers.