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Colgate to buy Sanex unit for about $940 mn

24 Mar 2011 Evaluate

Colgate-Palmolive Co agreed to buy Unilever’s Sanex personal-care unit for about $940 million, pursuing its biggest purchase in more than a decade to expand in deodorant and body wash overseas. Colgate also will sell its Colombian laundry detergent business to Unilever for $215 million. Sanex, which Unilever had to sell to allay European Union competition concerns, generated sales of about $260 million last year. Colgate, which generates more than 80 per cent of sales outside North America, will gain a foothold in key parts of the personal-care market in Western Europe as a result of the transaction.

Colgate Palmol. (I) Share Price

2106.20 128.10 (6.48%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindustan Unilever 2241.10
Godrej Consumer Prod 1108.20
Dabur India 442.10
Colgate Palmol. (I) 2106.20
P&G Hygiene 10006.55
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