(New York, NY) -- The maker of Schick razors is buying the shaving startup Harry's for over a billion dollars.
Edgewell Personal Care says it plans to buy the startup for over one-point-three-billion dollars in a cash-and-stock deal. Harry’s also sells shaving creams, soaps and a variety of other men’s grooming products.
Harry's is the latest male grooming startup to be bought by a bigger rival. The Dollar Shave Club was bought by Unilever in 2016.
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Photo by Alberto E. Rodriguez/Getty Images for Schick Hydro