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Colgate To Buy Sanex in $940 Million Deal

And sells Colombian laundry detergent brands to Unilever.

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By: TOM BRANNA

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Unilever is selling its global Sanex business to Colgate-Palmolive for approximately $940 million, the company announced this morning. In addition, the UK-based consumer products giant has entered into a binding agreement to acquire Colgate’s laundry detergent brands in Colombia for $215 million. Both transactions include the trademarks, intellectual property and formulations, but do not include any manufacturing facilities. “x4 sales, just to add more low margin personal ...

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