Oct 26 (Reuters) - GOJO Industries, the maker of Purell hand sanitizer, said on Thursday it would refinance its debt after sources told Reuters that negotiations about the sale of the company to paper and building products manufacturer Georgia-Pacific fell through.
The suitor that made the most progress in the sale process for GOJO was Georgia-Pacific, a company owned by Koch Industries, the sources said.
Silver Point, Georgia-Pacific and Koch Industries did not immediately respond to requests for comment.
The company expanded into skincare and invented Purell, an alcohol-based hand cleaner which dries on its own, in 1988.
The company launched Purell in the consumer market in 1997.
Persons:
GOJO, Goldie Lippman, Jerry, Clarence Cook, Abigail Summerville, Stephen Coates
Organizations:
GOJO Industries, Reuters, Silver, Koch Industries, Thomson
Locations:
Georgia, Pacific, , Georgia, New York