Breaking News

PROCTER & GAMBLE TO

November 14, 2005

● Procter & Gamble, Cincinnati, will purchase
the Glide dental floss business
from W. L. Gore & Associates for an
undisclosed sum. The acquisition will
expand P&G’s dental care business,
company executives said.
W.L. Gore, which also makes Gore-
Tex fabrics and Elixir guitar strings,
will continue developing and manufacturing
the fiber for the floss line, while
P&G will market and sell the line
under the Glide and Crest brand
names. The acquisition pends regulatory
approval.
In other news, P&G closed its deal
to purchase Germany-based Wella AG.
Procter & Gamble Company closed the
stock purchase agreement with the
family shareholders of Wella AG,
according to Wella executives.
In accordance with the tender offer
made in April, P&G purchased the
additional tendered Wella shares in
September. With these combined transactions,
P&G owns 98.1% of Wella voting
shares and 79.2% of total company
shares
blog comments powered by Disqus
  • Long Term Sustainability In the Nonwovens Market

    Long Term Sustainability In the Nonwovens Market

    August 23, 2016
    Learn more at Cleaning Products USA, Nov. 9-11, 2016

  • Fro Yo!

    Fro Yo!

    Tom Branna, Editorial Director||August 22, 2016
    Project Beauty dishes out Hairgurt, a line of vitamin-rich hair shampoos and conditioning masques.

  • TLC for Those Who Need It Most

    TLC for Those Who Need It Most

    Christine Esposito, Associate Editor||August 22, 2016
    New curriculum debuting at Bellus Academy helps estheticians treat a population that needs TLC.