WD-40 Company Acquires HPD Holdings Corp. for 72.9 Million Dollars, Adding Major Household Cleaning Brands

WD-40 Company completed the acquisition of HPD Holdings Corp. in April 2001 for approximately 72.9 million dollars. HPD Holdings was the parent company of several well-known consumer household cleaning brands including Carpet Fresh, 2000 Flushes, X-14, NO VAC, and Spot Shot. The acquisition significantly diversified WD-40 Company product portfolio beyond its core maintenance chemical products into the household cleaning and bathroom care segments. The household products division added substantial recurring revenue from grocery and mass-market retail distribution channels across the United States.