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Alberto-Culver Company
Alberto-Culver Announces the Completion of the Sale of Cederroth International
August 15th, 2008
The board of directors of the Alberto-Culver Company (NYSE:ACV), a leading manufacturer and marketer of personal care products including TRESemme, Alberto VO5, Nexxus and St. Ives, announced the completion of the sale of Cederroth International to CapMan, a leading Nordic based private equity firm. Alberto-Culver acquired the Cederroth International business in the early 1990's. The Cederroth business, headquartered in Stockholm, Sweden, has been successfully operated as a stand-alone, wholly owned subsidiary of Alberto-Culver. Cederroth manufactures and markets a diversified group of consumer products in the Nordic region and parts of Europe with only a portion of...
Source: Health Business Week (2008-08-15)
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