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Clorox Sells SBP Insecticides Business to Reckitt Benckiser

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By: TOM BRANNA

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The Clorox Company, Oakland, CA, sold its SBP insecticides business, including trademarks, inventory, product formulations and registrations, to Reckitt Benckiser. Terms of the transaction, which closed on April 15, 2003, were not disclosed.Clorox said it is focused on returning its Latin America business to healthy profitability, and on Oct. 30, 2002, announced its plans to sell its business in Brazil, as it did not have sufficient scale to be successful in the long-term. The business in Brazil...

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