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Alberto Culver Company
Alberto Culver Announces the Completion of Noxzema Acquisition
October 17th, 2008
Alberto Culver Company (NYSE:ACV) announced that it had closed the transaction to acquire the worldwide rights and trademarks to the Noxzema skin care brand from The Procter & Gamble Company, which includes the existing business in the United States, Canada and portions of Latin America. Procter & Gamble will continue to operate its existing Noxzema shave care, antiperspirant/deodorant, body wash and body soap business in portions of Western Europe. Alberto Culver Company manufactures, distributes and markets leading beauty care products including TRESemme, Alberto VO5, Nexxus and St. Ives in the United States and internationally. Several of its household/grocery...
Source: Health Business Week (2008-10-17)
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