CINCINNATI–(BUSINESS WIRE)–Procter & Gamble (NYSE:PG) today announced the sale of its Escudo soap
brand in Mexico and other Latin American countries to Kimberly-Clark de
México S.A.B. de C.V.
The transaction, for an undisclosed amount, is expected to close during
the first half of 2016 subject to necessary regulatory approvals.
Escudo, launched in Mexico more than 50 years ago, is the leading local
antibacterial soap brand.
About Procter & Gamble
P&G serves consumers around the world with one of the strongest
portfolios of trusted, quality, leadership brands, including Always®,
Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®,
Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®,
Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G
community includes operations in approximately 70 countries worldwide.
Please visit http://www.pg.com
for the latest news and information about P&G and its brands.
P&G Media Contacts:
Damon Jones, 513-983-0190
P&G Investor Relations Contact: