Colgate Palmolive

772 WordsOct 8, 19994 Pages
Colgate Palmolive With a continuous expansion in it's product line, Colgate-Palmolive is taking on the look of one of the most stable stocks on the exchange. Colgate has a wide variety of products sold around the globe including, Colgate Toothpastes, Speed Stick Deodorants, Ajax Surface Cleaner, and Hill's Science Diet foods for house pets. Colgate was founded in 1806 in New York City on Dutch Street by William Colgate as a starch, soap and candle business. Colgate produced soaps and perfumes or the next 67 years and then in 1873, they introduced their first toothpastes, which were aromatic toothpastes. Then 13 years later, they introduced the first dental creme packaged in collapsible tubes similar to those used today.…show more content…
Mergers and divestitures are economically wise because they allow for the larger more dependable companies to take another company's products and turn them on the right path, such as Hills Pet Products Inc. The government should not be allowed to regulate them because mergers allow for a more dependable product. Mergers and divestitures help competition between major companies and also bring more money in for the investor through dividends. Although this may cause unemployment, it does help the economy. Bibliography: Financial World-June 20,1995 p 58 "Top Dog-How Hills Pet Nutrition became one of the all-time stars in the Colgate stable" Colgate-Palmolive via Internet Money Online via Internet Chicago Tribune-Feb. 14,

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