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Dial Corporation Sells SPC Unit

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By: TOM BRANNA

Editor

The fire sale is on at Dial. The company today announced the sale of its Specialty Personal Care (SPC) businesses, the Sarah Michaels and Freeman Cosmetics personal care brands, to a subsidiary of the Hathi Group, Chicago, an operator of packaging, medical equipment and personal care product companies. Hathi currently owns and operates the Kirk’s Castile Soap brand, purchased from Procter & Gamble in 1996. The sale of SPC is in line with the Company’s strategy to fix or jettison...

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