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February 13, 2013
By: TOM BRANNA
Editor
• SPAIN: Procter & Gamble is cutting approximately 150 jobs in Spain and Portugal following the decision to integrate hygiene company Arbora & Ausonia (A&A) into its existing operations. P&G acquired all of A&A, which makes diapers, Tampax tampons and adult incontinence products, last year after food company Agrolimen sold its 50% stake in the firm. Last year, A&A had sales of $665 million in Spain and about $130 million in Portugal. P&G said the plan focused...
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