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Procter & Gamble Sells Escudo Soap Brand To Kimberly-Clark De Mexico

February 22, 2016: 12:00 AM EST
Procter & Gamble said it has sold its Escudo soap brand in Mexico and other Latin America markets to Kimberly-Clark de Mexico S.A.B. de C.V. Expected to close in the first half of 2016, the deal covers the Escudo, which was launched in Mexico more than 50 years ago. Escudo is the leading antibacterial soap brand in the local market.
"P&G Divests Escudo Soap Brand to Kimberly-Clark de Mexico", Procter & Gamble, February 22, 2016, © Procter & Gamble
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