A major consumer company is considering a move that could put several familiar household brands on the market.
The move comes as the company reassesses parts of its portfolio and seeks to strengthen performance in a key market. If completed, the sale could reshape a personal care business that includes well-known products used by consumers for decades.
The potential sale follows a trend of other large companies reshaping their portfolios amid shifting consumer spending, rising costs, and intensifying competition.
Founded in 1806 in New York City, Colgate-Palmolive is an American multinational consumer products company that owns multiple familiar brands in oral health, pet health, personal care, and home care.
Colgate-Palmolive (CL) is exploring the potential sale of certain mass-market personal care brands, including Softsoap, Irish Spring, and Speed Stick, according to sources familiar with the matter cited by Reuters.
#care #palmolive
The move comes as the company reassesses parts of its portfolio and seeks to strengthen performance in a key market. If completed, the sale could reshape a personal care business that includes well-known products used by consumers for decades.
The potential sale follows a trend of other large companies reshaping their portfolios amid shifting consumer spending, rising costs, and intensifying competition.
Founded in 1806 in New York City, Colgate-Palmolive is an American multinational consumer products company that owns multiple familiar brands in oral health, pet health, personal care, and home care.
Colgate-Palmolive (CL) is exploring the potential sale of certain mass-market personal care brands, including Softsoap, Irish Spring, and Speed Stick, according to sources familiar with the matter cited by Reuters.
#care #palmolive
2 days ago
