Colgate-Palmolive Co (NYSE:CL) is a multinational consumer products company that manufactures and distributes personal care, home care and pet nutritional products.
Founded William Colgate established the company in 1806 in the United States.
Today, it claims to have a strong footprint across the globe with core operations in the Asia-Pacific, Latin America, North America, Middle East, Africa, and Eurasia.
The company operates in two segments, namely oral care, personal and home care, and pet nutrition.
The products under the first segment includes toothbrush, toothpaste, deodorants, liquid soaps, bar, shampoos, laundry products, dishwashing liquids, conditioners, etc.
Through Hill’s Pet Nutrition segment, it provides specialty nutritional products for dogs and cats across the globe. The US-based company is reportedly a leader in the consumer staples and household products sub- industry.
Colgate-Palmolive Co claims to serve millions of people worldwide by providing them with quality personal and oral care products under market-leading brands such as Colgate.
In addition to Colgate, other brands under the banner include:
• Speed Sticks
• Irish Spring
Recently, Colgate-Palmolive was among Top 100 Most Valuable Brand Corporations by Eurobrand.
The company claims to focus on sustainability, community development, diversity and inclusion, fair practices, health, etc., throughout its business operations.
Colgate-Palmolive Co claims to serve over 17 billion consumers worldwide and owns 50 research and manufacturing facilities globally.
The company operates an extensive supply chain consisting of packaging, raw materials, capital equipment, manufacturing, operating supplies, and various logistics operations.
The consumer products manufacturer reportedly focuses on maximizing productivity and organic growth to provide the investors with sustainable cashflow and profitable growth.
Colgate-Palmolive Co claims to focus on continuous innovation and improvement in its product pipeline.
In 2020, the consumer products company reportedly launched ‘an industry-first’ recyclable toothpaste tube. The tube is made from commonly used plastic called high density polyethylene, which is also used in milk bottles.
The company reportedly developed the environment friendly packaging in five years period. In addition, it reportedly is committed to using 100 per cent recyclable packaging materials on all its products by 2025.
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