burt's bees was bought out by clorox in late 2007.
burt's bees was bought out by clorox in late 2007.
when was burt's bees bought out by clorox?
in late 2007
in 2004, private equity firm aea investors purchased 80% of burt's bees for $173,000,000 us, with co-founder quimby retaining a 20% share, and a seat on the company board. upon seeking compensation from quimby, after the deal, shavitz was paid $4 million.









































section::::history.:2007–present: clorox acquisition.









































as of 2007, the company manufactured over 197 products, which are distributed globally. in late 2007, clorox acquired burt's bees for a reported sum of $925 million usd. the company subsequently released a statement to its customers.
burt's bees
in february 2011, burt's bees ceo (2006-2011) john replogle left to become ceo and president of seventh generation inc. in 2011, nick vlahos, a 15-year veteran of the clorox company, was named vice president and general manager of burt's bees, effective april 2011. in 2017, nick vlahos left clorox and was named ceo of the honest company. by february 2014, the clorox company had increased "advertising and sales promotion spending for burt’s bees, particularly for its lip care lines." at the time, "burt’s bees sales [were] outpacing volume due to price increases."
burt's bees