reckitt benckiser group plc


  • [21] Business Week has also noted that “40% of Reckitt Benckiser’s $10.5 billion in 2007 revenues came from products launched within the previous three years.

  • Reckitt filed suit in San Diego County Superior Court in April 2014 to block the decision,[84][85] but eventually reached an agreement with the EPA to phase out the products
    in June 2014; production of the banned products stopped on December 31, 2014, with distribution to retailers ceased on March 31, 2015, although retailers will be allowed to keep the banned products in stock until they are all sold out.

  • While some expert analysts viewed this move as a precursor to a possible sale of the home division, Kapoor said that it was only to improve the performance of each of the

  • In 2011, Reckitt Benckiser makers of d-CON products initiated a legal challenge to the EPA expected to take several years to resolve.

  • [43] In March 2021, the company rebranded from RB to Reckitt – including a new logo and visual identity as a next step in delivering on the strategic purpose of the company.

  • The Guardian quoted a leaked memo in which the product’s manager explained that the company could use “the rationale of health and safety” to design a switched product to
    “muddy the waters.

  • [21] BusinessWeek noted that “40% of Reckitt’s $10.5 billion in 2007 revenues came from products launched within the previous three years”.

  • [67] In May 2016, Korean division chief Ataur Safdar apologised to victims and families in a press conference and offered compensation to the families of those who died and
    to those who were injured; it was the first time the company had acknowledged that its products containing PHMG were harmful.

  • [62] Earthjustice eventually lost the case, after which it lobbied the New York State Department of Environmental Conservation, which in 2018 unveiled new requirements for
    manufacturers of cleaning products to publicly detail their ingredients.

  • [83] Legal challenges to rodenticide regulations[edit] In 2008, the United States Environmental Protection Agency (EPA) announced a decision to remove second-generation anticoagulant
    rodenticides from store shelves, leaving the products available for purchase only by US licensed applicators.

  • [75] The Independent quoted Warwick Smith, director of the British Generic Manufacturers Association: “The sort of evergreening alleged by Newsnight can cost the NHS tens
    of millions of pounds with no patient benefit.

  • [7][5] Trade name: Reckitt; Type: Public limited company; Traded as: LSE: RKT, FTSE 100 Component; ISIN: GB00B24CGK77; Industry: Consumer goods; Predecessor: Colman’s, Hoffmann’s
    Stärkefabriken; Founded: 1814; 209 years ago, (J&J Colman), 1823; 200 years ago, (Benckiser), 1840; 183 years ago, (Reckitt & Sons), 1938; 85 years ago, (merger of Reckitt & Sons and J&J Colman), 1999; 24 years ago, (merger of Reckitt & Colman
    and Benckiser); Founders: Isaac Reckitt, (Reckitt & Sons branch), Jeremiah Colman, (J&J Colman branch), Johann Benckiser, (Benckiser N.V. branch), Edward Mead Johnson, (Mead Johnson branch); Headquarters: Slough, England, UK; Key people: Christopher
    A. Sinclair (Chairman) Nicandro Durante (CEO); Products: Cleaning agents, skin care, personal care, nutrition, consumer healthcare; Revenue: £14,453 million (2022)[1]; Operating income: £3,249 million (2022)[1]; Net income: £2,349 million
    (2022)[1]; Number of employees: 40,000 (2023)[2]; Subsidiaries: Mead Johnson UpSpring History Origins[edit] Main articles: Reckitt and Sons and Colman’s Johann Benckiser founded a business in Pforzheim, Germany, in 1823.

  • “[76] It also quoted a statement issued by the company: “…RB is a responsible company and we have therefore instigated an immediate internal investigation and will take

  • [79] On 15 October 2010, Reckitt was fined £10.2 million by the Office of Fair Trading after the company admitted anti-competitive behaviour.

  • [9] He diversified into other household products and after his death in 1862, the business passed to his three sons.

  • [78] In response to the Newsnight report and the reports in the press, Reckitt issued a statement that began: We are shocked by the allegations made as Reckitt Benckiser is
    a responsible company in the way it conducts its business.

  • [61] Earthjustice contacted several companies in September 2008 requesting that they comply with a 1971 law requiring them to disclose the ingredients in their products and
    make available any associated health or safety studies.

  • [38] In July 2017, McCormick acquired Reckitt’s food brands, including French’s Mustard & Frank’s RedHot, for $4.2 billion, subject to regulatory approval.

  • [57] Corporate public relations The company supports Save the Children.

  • For example, in 2008, the company’s “rapid succession of well publicised new product variants” were credited for helping them “to capture shoppers’ imagination”.

  • The timetable of which is not, and never has been, within our control a monograph/generic name could have been published at any time by the regulators without reference to
    any third party.

  • [66] Sometime after the release of the KCDC report, prosecutors in South Korea opened an investigation into the companies selling the disinfectants, which increased its pace
    in January 2016.

  • The ruling was slated to go into effect in 2011 allowing poison companies time to adjust to the new law.

  • [29] In November 2012, Reckitt acquired Schiff Nutrition, a Salt Lake City-based manufacturer of vitamins and nutritional supplements including Digestive Advantage, MegaRed,
    Airborne, and Move Free, for US$1.4 billion (£877 million).

  • It was also revealed that he is expected to become the next CEO of Starbucks.

  • [37] Following the acquisition of Mead Johnson, Reckitt Benckiser split its business into two divisions: consumer healthcare, and home and hygiene.

  • “[76] The Times noted that “Although Gaviscon has been out of patent for almost ten years, no other manufacturer has developed a cheap generic version.

  • The new management team’s strategy of “innovation marketing” – a combination of increased marketing spend and product innovation, focusing on consumer needs – has been linked
    to the company’s ongoing success.

  • [44] On 1 September 2022, Reckitt announced that Narasimhan had chosen to resign as CEO, citing “personal and family reasons”,[45] and would relinquish his position at the
    end of the month.

  • “[77] It stated that the Office of Fair Trading was expected to examine whether Reckitt had acted illegally.

  • “[22] In October 2005, Reckitt purchased the over-the-counter drugs manufacturing business of Boots, Boots Healthcare International, for £1.9 billion.

  • Early in 2014, California State Department of Pesticide Regulation ruled that anticoagulant rat poison sales would be restricted beginning on 1 July 2014.

  • [66] In April 2016, a coalition of consumer groups called for a boycott of the company.

  • ‘[33] In February 2017, the company bid $16.7 billion for the American infant formula maker Mead Johnson.

  • [23] In January 2008, Reckitt acquired Adams Respiratory Therapeutics, a pharmaceutical company, for $2.3 billion; one of the major brands acquired was Mucinex.

  • In his introduction, reporter Martin Shankleman said: Gaviscon is hailed as a power brand by its owners, Reckitt Benckiser … Reckitt Benckiser likes to claim that the profits
    flow from their expertise in marketing.

  • [65] According to a The Korea Herald report in April 2016, in 2015, 750 disinfectant users had requested a test to determine if they had been harmed by the disinfectant and
    as of the date of that report, 221 had been confirmed and full results were expected to be released late in 2017.

  • [80] In 2014, the Autorité de la concurrence in France found that Reckitt had colluded with 12 other multinational companies (Colgate-Palmolive, Henkel, Unilever, Procter
    & Gamble, Sara Lee, SC Johnson, Bolton Solitaire, Laboratoires Vendôme, Gillette, L’Oréal, Beiersdorf and Vania) to fix the prices of popular personal hygiene products; the fine of around €950 million was the largest ever imposed by the agency.

  • & J. Colman, which had been founded in 1814 when Jeremiah Colman began milling flour and mustard in Norwich, England,[9] to become Reckitt & Colman Ltd.[9] The company made
    several acquisitions, including the Airwick and Carpet Fresh brands (1985),[16] the Spanish cleaning products company Camp (1989),[17] the Boyle-Midway division of American Home Products (1990),[18] and the Lehn & Fink division of Sterling
    Drug, maker of Lysol disinfectant (1994).

  • [15] In 1886, Reckitt opened its first overseas business in Australia.

  • Bart Becht became CEO of the new company and has been credited for its transformation, focusing on core brands and improving efficiency in the supply chain.

  • [86] Palm oil procurement[edit] According to a 2016 Amnesty International report, Reckitt Benckiser is one of several consumer companies that buy palm oil from Wilmar International,
    the world’s largest palm oil refiner.

  • [56] In April 2011, he announced that he would step down in September of that year, to be replaced by Rakesh Kapoor, who had been with the company since 1987.

  • [81] In 2015, Reckitt created controversy when it emerged that seemingly different versions of their product Nurofen marketed to treat specific pains, such as migraine, were
    all identical to the standard product despite costing twice as much.

  • The company made appropriate challenges where it felt it was justified in order to ensure patients are prescribed the right treatment.

  • It also increased its marketing budget.


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