Energizer spinoff Edgewell seeks growth as standalone company

David Hatfield, Edgewell Personal Care CEO | Courtesy of Edgewell Personal Care
David Hatfield | Courtesy of Edgewell Personal Care

When Energizer Holdings split into two companies earlier this month, the St. Louis area gained a new public company.

The company that kept the Energizer name is focused on batteries and lighting products, and its headquarters remain in Town and Country.

The new company, Edgewell Personal Care, has a portfolio of commercial brands, including Schick razors, Banana Boat sunscreen and Wet Ones wipes, that generated $2.6 billion in revenue last year. Edgewell has 6,000 employees, including 175 at its home base in Chesterfield.

David Hatfield, the new chief executive of Edgewell, said the company is prioritizing international growth more than before, and that it will look to acquisitions to fuel that growth.

Razors and shaving prep products are Edgewell’s top focus, accounting for more than half of the company’s business. Edgewell’s Schick brand is No. 2 in the U.S. market behind Procter & Gamble’s Gillette brand, but both face increasing competition from brands like Harry’s and Dollar Shave Club, which Hatfield called an “interesting phenomenon.”

Read more from the St. Louis Post-Dispatch

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