Procter & Gamble announced it has signed a US$30 million (€24
m) contract for future business over the next 18 months with
Amantea Nonwovens, a minority-owned nonwovens company, to provide
materials for tampons and nappies (diapers).
Procter & Gamble has reportedly agreed to pay majority
shareholders a cash price of €3.2 billion in consideration for a
77.6 per cent stake in the German beauty and hair care company
Wella.
German hair and beauty product producer Wella has this week
announced both the most profitable first quarter in the company's
history and the signing of a purchasing agreement with Procter
& Gamble, writes Louise Sheridan.
Disposable wipes have evolved into a global business concept
generating more than $5 billion in sales a year, reports
Euromonitor. Achieving strong double-digit growth year after year,
the category now assumes a major role in the...
L'Oréal may be seeking to acquire Alberto-Culver to ward off
competition in the US hair-care market. With the acquisitions of
Clairol in 2001 and Wella last year, Procter & Gamble has made
it clear that it is trying to usurp...
Airspray has signed a packaging agreement with Procter & Gamble
to produce F2 instant-foam dispensers for P&G's latest Pantene
Pro-V product launch. European-based Airspray already supplies
dispensers to Wella, L'Oréal...
Procter and Gamble, owner of the Olay, Pantene and Head &
Shoulders lines and recent acquirer of Wella, today announced
healthy Q1 results including double-digit earnings growth for its
beauty and health care segments.
The consortium led by German coffee company Tchibo has signed an
agreement to purchase a 40 per cent holding in Nivea creams maker
Beiersdorf from German insurer Allianz, upping the stakes in a
potential takeover bidding war between...
Better business plans, closer consumer relationships, tighter
customer partnerships, more sustainable growth' was the slogan
provided by Procter & Gamble's president A.G. Lafley in an
upbeat address to the company's...
US vitamin maker Pharmavite has introduced its first cosmeceutical
line in partnership with Procter & Gamble's Olay brand to mass
retailers throughout the US.
Greenpeace claims the Austrian versions of some well-known
toothpastes and baby creams contain preservatives that can cause
skin rashes and make bacteria resistant to medicine, according to
an AFP report.
Consumer products group Procter & Gamble has closed a €4.65
billion deal to purchase hair care and beauty company Wella. In
agreement with the tender offer launched at the end of April this
year P&G will purchase the additional...
