Procter & Gamble Co. said Wednesday that it has acquired Atlanta-BASED Nioxin Research Laboratories Inc.
Nioxin, which focuses on the scalp care and thinning hair segments of the professional hair care business, is distributed in more than 85,000 U.S. salons and in more than 40 countries. Terms of the deal, which has been completed, were not disclosed.
“We are looking to establish P&G as the leader in the professional business,” said Kevin Otero, Procter & Gamble’s general manager of professional care in North America, noting that the deal is in line with the company’s stated strategy of focusing on fast-growing, high-margin, asset-efficient businesses....
Procter & Gamble Acquires Nioxin
Procter & Gamble Acquires Nioxin
by
Posted Thursday September 04, 2008
From WWD Issue 09/04/2008
Read the full article by SUBSCRIBING today!
Subscribe today to WWD.com, now incorporating comprehensive menswear and footwear coverage with the new WWDMen's and Footwear News channels, for complete access to breaking news and events that shape the worldwide men's and women's fashion, footwear, retail and beauty industries.
Subscription includes:
- Immediate access to breaking news 24/7.
- Search, comment on, clip and save articles and images.
- Daily downloadable PDF of WWD Daily Newspaper for worldwide access.
- Access every article from the past 12 month's issues.
- Access daily newsletters and weekly digests online.
- Read it anytime, anywhere.
- Start your subscription now for only 27 cents per day!
