USA: SC Johnson to acquire Deb Group
US household goods producer SC Johnson has announced that it is expanding its reach in the professional cleaning sector with the acquisition of Deb Group, a company focused on hygiene and skin care systems for the industrial, commercial, healthcare and food markets. Deb, a group of 23 companies active in 18 markets, supplies a range […]
USA: Kimberly-Clark reports 2014 results
Kimberly-Clark, which is active in markets including household paper and baby care, has reported stable revenues for the 2014 calendar year. Sales of $19.7 billion were 1% higher than 2013 and organic sales rose 4%. Operating profit was down to $2,521 million in 2014 from $2,903 million in 2013, although adjusted operating profit increased 5% […]
UK: Unilever reports modest 2014 growth amid market slowdown
Consumer goods giant Unilever has detailed its global financial performance for 2014, revealing modest growth figures in what it described as “tougher markets”. Underlying sales rose 2.9%, although turnover declined 2.7% to €48.4 billion ($56.1 billion) including a negative currency impact of 4.6%, the company said. The firm reported a slowdown in growth in emerging […]
Germany: Henkel launches 2-in-1 laundry detergent and pre-wash
Henkel has launched a new laundry product in Germany, offering a “2-in-1” approach to tackle stains. Weisser Riese 2 in 1 Laundry Detergent and Prewash is said to combine laundry soap and a pre-wash stain remover in a single product. According to Henkel, the product has a powerful formula with an effective stain removing effect […]
Spain: Unilever Spain & KH Lloreda sign long-term distribution agreement
Unilever Spain & KH Loreda have finalised a long-term distribution agreement for the Unilever brands Cif and Domestos. Cif and Domestos are among Unilever’s key cleaning brands in the household care industry and are available in 50 countries across the globe. The new agreement takes effect from the 15th February 2015. The deal will allow […]
India: Procter & Gamble overtakes Nestle to become country’s third-largest FMCG player
FMCG giant Procter & Gamble (P&G) has moved ahead of Nestle to become the third-largest consumer goods player in India, according to a report in the Economic Times. Having doubled its sales in the country in the last three years, P&G now only sits behind two other companies in revenue terms – HindustanUnilever and Amul. […]
UK: Reckitt Benckiser posts Q3 sales growth
UK-based healthcare and household goods manufacturer Reckitt Benckiser (RB) has posted revenue of £2.37 billion ($3.83 billion) for its third quarter, increasing sales on a like-for-like basis by 3% on the previous year. Despite what RB termed a “robust performance in challenging markets”, the results were said to be below some analyst expectations. Bloomberg reports […]
South Africa: Abraaj Group acquires majority stake in Liberty Star Consumer Holdings
Abraaj Group, an investor operating in global growth markets, has announced that it has acquired a majority stake in Liberty Star Consumer Holdings (Libstar), one of the largest unlisted food and personal care manufacturers in South Africa. According to Abraaj, the transaction is a further demonstration of the company’s focus on investment opportunities arising from […]
Germany: Henkel invests €35 million in new centralised warehouse
German personal care and household goods manufacturer Henkel has announced the opening of its largest completely automated warehouse, located at its head office in Dusseldorf, Germany. The result of a €35 million ($45 million) investment, the new facility is described as covering the surface are of two football pitches and has storage capacity for more […]
India: SCA to start production from 2015
Swedish paper products company SCA has announced plans to commence production from its plant in Ranjangaon near Pune from 2015. Reported by the Economic Times, Cecillia Edebo, Managing Director, SCA Hygiene Products India spoke of the news by saying: “The construction work at the plant near Pune is almost over and we hope to start […]