Colgate To Acquire PCA Skin And EltaMD

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By: TOM BRANNA

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As part of its strategy to focus on its higher-margin oral care, personal care and pet nutrition businesses, Colgate-Palmolive Company has agreed to purchase professional skin care brands PCA Skin and EltaMD in two separate transactions. According to the company, these acquisitions will enable Colgate to enter the highly attractive professional skin care category while complementing its existing global personal care businesses. Terms of the deals were not disclosed at press time. Both trans...

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