Company News, Financial News

Clorox Divests Its Operations in Argentina, Uruguay and Paraguay

Sale advances Clorox's Ignite strategy to evolve its portfolio for long-term profitable growth.

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By: Lianna Albrizio

Associate Editor

The Clorox Company recently announced the sale of certain wholly owned subsidiaries with operations in Argentina, Uruguay and Paraguay, to Apex Capital – a private equity fund associated with Grupo Mariposa, a 139-year-old food and beverage company with operations in 16 countries – and an investment group led by Diego Barral, former senior vice president and general manager of International at Clorox.    Financial terms were not disclosed.    The transaction included Clorox Argen...

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