GV has exited POC-focused health and beauty product manufacturer Walker and Company in an acquisition of undisclosed size by Procter & Gamble.
US-based health and beauty product manufacturer Walker and Company Brands has been acquired by consumer goods producer Procter & Gamble, allowing internet and technology conglomerate Alphabet to exit.
The financial terms of the transaction were not disclosed, though Recode estimated the price was likely between $20m and $40m.
Founded in 2013, Walker and Company produces health and beauty products formulated according to the specific needs of people of colour (POC). It owns two brands: a shaving kit called Bevel for…