Unilever
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Unilever, Hormel Foods Skippy Deal
Unilever has made a definitive deal with Hormel Foods Corp. to sell its Skippy brand for approximately $700 million. The agreement includes manufacturing facilities for Skippy in Weifang, China and Little Rock, Arkansas. The Skippy peanut butter brand was first introduced in 1932 and was the first in fast growing natural peanut butter brands. In…
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Oil of Olay Skin Care
Olay is one of the multi-billion dollar Proctor and Gamble brands based in America and specializes in skin care. In 2009, 2.8 billion dollars of P&G’s 79 billion dollar revenue was accounted for by Olay. This is a clear indication that it is among the leading P&G brands. The history of Olay dates back to…
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Noxema Cleansing Cream
This is a facial, deep cleansing product in the Procter and Gamble family. It not only cleans and moisturizes the face, but also treats topical acne and blemishes. Its traditional signature cobalt blue jar has been used by consumers since 1914 when it was first sold as “Townsend R22” in Ocean City, Maryland as a…