Colgate-Palmolive Company (NYSE:CL) was founded in 1806 and is headquartered in New York, USA. It has 34,300 employees worldwide and is a world-renowned supplier of oral and personal care and household cleaning products.
Colgate-Palmolive (Colgate-Palmolive) is a world-renowned supplier of consumer products, producing and operating care (Care), hygiene products, product personal care in all aspects, including toothpaste, toothbrushes, soap, shampoo, etc. Colgate’s oral care series (toothpaste, toothbrush, mouthwash) are the most well-known products, sold in more than 200 countries, and almost all sales come from overseas markets.
Colgate Palmolive Co., Ltd. provides high-quality consumer products to the public in oral care, personal care, household care and pet food, especially in the fields of oral care, liquid soap and underarm care. It has obvious advantages in the world. The main competitors are Procter & Gamble and Unilever .
Colgate is divided into 2 departments to operate: Oral, Personal and Home Care (oral, personal and home care), Pet Nutrition (pet nutrition).
The products and services provided by Colgate-Palmolive include:
1. Oral care products : including toothpaste, toothbrushes and mouthwashes, and medicines for dentists and other oral health professionals;
2. Personal care products : including soap (soap), hand sanitizer, shower gel, shampoo, conditioner, deodorant and antiperspirant;
3. Household care products : including washing powder, laundry detergent, dishwashing detergent, fabric conditioner softener, household cleaner and other related products;
4. Pet nutrition products : to meet the daily nutritional needs of pets, as well as a series of treatment products for pet diseases and products with various natural ingredients.
Colgate-Palmolive Company sells and sells its oral care, personal care and home care products to various retail and wholesale customers and distributors; provides pet nutrition products for dogs and cats through pet retailers and veterinary clinics.
Colgate-Palmolive’s trademarks (brands) include:
Colgate, Palmolive, Speed Stick, Lady Speed Stick, Softsoap, Irish Spring, Protex, Sorriso, Kolynos, elmex, Tom’s of Maine, Sanex, Ajax, Axion, Fabuloso, Soupline, and Suavitel, as well as Hill’s Science Diet, Hill’s Prescription Diet and Hill’s Ideal Balance.
Colgate-Palmolive (CL) History:
- In 1806, William Colgate founded a candle and soap manufacturing company in New York-William Colgate & Company, the predecessor of Colgate Palmolive;
- In 1833, William Colgate suffered a heart attack and the company’s business was temporarily suspended;
- In 1857, William Colgate died, his son Samuel Colgate took over, and the company was renamed Colgate & Company;
- In 1873, Colgate launched the first toothpaste;
- In 1896, Colgate opened the first applied research laboratory; James Boorman, another son of William Colgate, was the principal director of Colgate University (Colgate University, formerly Madison University);
- In 1898, Palmolive, another predecessor of Colgate-Palmolive, was founded under the leadership of BJ Johnson;
- In 1928, Palmolive-Peet acquired Colgate Company and established Colgate-Palmolive-Peet Company;
- In 1953, it was renamed Colgate-Palmolive Company, the current name;
- In 2005, Colgate sold several underperforming brands: Fab, Dynamo, Arctic Power, ABC, Cold Power, Fresh Start, Ajax, etc.;
- In 2006, Colgate-Palmolive announced the acquisition of toothpaste manufacturer Tom’s of Maine for US$100 million;
- On October 25, 2012, Colgate-Palmolive announced that it would lay off 2,310 employees, or about 6%, by the end of 2016.