-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, VkghUwMteergtkTTXYmOAcBdikmv2cCWOHXpLLrDJNnzqn3cwk/ld8cZfujdmr3R a9DhhyVUS3QtmZzmq1huAw== 0000003327-95-000017.txt : 19950515 0000003327-95-000017.hdr.sgml : 19950515 ACCESSION NUMBER: 0000003327-95-000017 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19950208 ITEM INFORMATION: Acquisition or disposition of assets FILED AS OF DATE: 19950214 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALBERTO CULVER CO CENTRAL INDEX KEY: 0000003327 STANDARD INDUSTRIAL CLASSIFICATION: PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS [2844] IRS NUMBER: 362257936 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05050 FILM NUMBER: 95510356 BUSINESS ADDRESS: STREET 1: 2525 ARMITAGE AVE CITY: MELROSE PARK STATE: IL ZIP: 60160 BUSINESS PHONE: 7084503000 MAIL ADDRESS: STREET 1: 2525 ARMITAGE AVENUE CITY: MELROSE PARK STATE: IL ZIP: 60160 8-K 1 ALBERTO-CULVER COMPANY FORM 8-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) February 8, 1995 ALBERTO-CULVER COMPANY (Exact name of registrant as specified in its charter) Delaware 1-5050 36-2257936 (State or other jurisdiction of (Commission File (I.R.S. Employer incorporation or organization) Number) Identification No.) 2525 Armitage Avenue Melrose Park, Illinois 60160 (Address of principal executive offices) (Zip code) Registrant's telephone number, including area code: (708) 450-3000 ITEM 5. OTHER EVENTS On February 8, 1995, the registrant entered into an agreement whereby its Stockholm-based subsidiary, Cederroth International AB, will purchase the Toiletries Division of Molnlycke AB for approximately $50 million. The purchase is subject to certain contingencies and is expected to close within two months. A copy of the press release relating to the purchase is attached hereto and incorporated herein by reference as Exhibit 99. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS (c) Exhibits: 99 Press release dated February 9, 1995 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ALBERTO-CULVER COMPANY (Registrant) By: William J. Cernugel Senior Vice President, Finance & Controller (Principal Financial Officer) February 9, 1995 EX-99 2 ALBERTO-CULVER SUBSIDIARY TO PURCHASE MOLNLYCKE TOILETRIES FOR IMMEDIATE RELEASE ALBERTO-CULVER SUBSIDIARY TO PURCHASE MOLNLYCKE TOILETRIES (Melrose Park, IL February 9, 1995) The Alberto-Culver Company (NYSE: ACV, ACVA) has entered into an agreement providing for the company's 97 percent-owned Stockholm-based Cederroth International subsidiary to purchase the Swedish- based Toiletries Division of Molnlycke AB for approximately $50 million. Cederroth's 1994 sales were approximately $90 million and the 1994 sales of Molnlycke Toiletries were approximately $85 million. Howard B. Bernick, President and Chief Executive Officer of Alberto-Culver commented on the acquisition, saying, "Combining the strong Molnlycke brands with Cederroth's market-leading consumer products will make us a very large and powerful consumer products marketer in the Nordic countries. The companies' operations are an excellent strategic fit in Norway, Denmark, Finland and Sweden." Bernick also pointed out that Goran Havander, the Managing Director of Cederroth had formerly headed the Molnlycke Toiletries Division. "Mr. Havander's knowledge of the Molnlycke people, products and facilities should give us an important added advantage in combining and building these businesses," Bernick added. The Molnlycke Division currently has leading brands in the body and skin care field, hair care and oral care and household product categories. Cederroth's core products include antacids, toiletries, adhesive bandages and food supplements and two years ago the company successfully relaunched the Alberto-Culver flagship VO5 hair care products. "We think we are buying strong brands at a fair price," said Bernick, "which we can both grow in their current markets -- as we did by substantially increasing the marketing effort behind the Cederroth products -- and which also have the potential to be expanded to other markets in Europe and around the world." The acquisition also includes a top notch 200,000 square- foot factory, research facility and distribution center in Falun, Sweden. The combined Cederroth-Molnlycke operations will be the responsibility of Goran Havander reporting to John G. Horsman, Jr., President of Alberto-Culver International. The purchase, subject to the satisfaction of certain contingencies, is scheduled to close within two months. -----END PRIVACY-ENHANCED MESSAGE-----