Prestige Brands completes purchase of Blacksmith Brands

IRVINGTON, N.Y. Prestige Brands Holdings on Monday announced that it has completed its previously announced purchase of Blacksmith Brands Holdings.

The transaction was finalized under the original terms announced on Sept. 20, which called for Prestige to pay $190 million in cash at closing plus a customary working capital adjustment that amounted to $13.4 million.

The purchase includes five over-the-counter healthcare products: Efferdent and Effergrip denture care products, PediaCare children’s over-the-counter medicines, Luden’s cough drops and NasalCrom allergy treatment.