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Sara Lee Sells White King and Janola

Symex acquires Aussie cleaning products business.

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By: TOM BRANNA

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SaraLeeCorp. has sold its White King and Janola business to Symex Holdings Limited for approximately $50 million. The transaction is anticipated to close during the first quarter of 2011. The White King and Janola business primarily develops, markets and sells bleach, toilet, laundry and other cleaning products in Australia and New Zealand. In fiscal 2009, this business generated annual sales of approximately $28 million and accounted for approximately 1% of the adjusted operating segment inc...

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