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) April 3, 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 April 3, 1995, the registrant's Stockholm-based subsidiary, Cederroth
International AB, completed the purchase of the Toiletries Division of
Molnlycke AB for approximately $50 million. 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 April 3, 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:/s/ William J. Cernugel
William J. Cernugel
Senior Vice President, Finance
& Controller
(Principal Financial Officer)
April 6, 1995
EXHIBIT 99
FOR IMMEDIATE RELEASE
Contact: Daniel B. Stone (708)450-3005
Nancy Shields (708)450-3142
ALBERTO-CULVER'S CEDERROTH SUBSIDIARY
COMPLETES MOLNLYCKE TOILETRIES PURCHASE
(Melrose Park, IL - - April 3, 1995) Stockholm-based Cederroth International,
a 97 percent-owned subsidiary of the Alberto-Culver Company (NYSE - - ACV,
ACVA), today announced that it had completed the purchase of the Toiletries
Division of Molnlycke AB. The total transaction was valued at $50 million.
The purchase will add $85 million in annual sales to Cederroth in the
areas of body and skin care, hair care, oral care, and household products.
Including Cederroth's sales last year of $90 million, the combined companies
will be one of the largest personal care marketers in the Scandinavian
countries. The purchase also included a modern 200,000 square foot factory
and research facility.
Howard Bernick, President and Chief Executive Officer of Alberto-Culver
said today that he believed the Molnlycke brands had potential for growth
both in Scandinavia through increased marketing efforts and, over time,
through their possible introduction into selected additional countries where
Alberto- Culver currently markets brands such as its flagship line of
Alberto VO5 hair care products.
