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This new venture will expand High Ridge Brands’ portfolio from personal cleansing and hair care companies and into the oral care category.
Omyadent lives up to the COSMOS standard as a natural and organic oral care ingredient that can be used in toothpaste to strengthen and whiten teeth.
In the past five years the global oral care market grew 5% CAGR and was worth an estimated $40.3 billion in 2015.
The new Philips Sonicare FlexCare Platinum Connected is the first power toothbrush launched in the U.S. that has location sensors that make the users aware if they have missed a spot.
Omya has launched Omyadent, an ingredient helping to whiten, clean and desensitize teeth, among other benefits.
India’s cosmetic market growing at a compound annual growth rate of 17.06% over a five-year period and is expected to grow more than double that amount by 2021.
Out of habit, Russians are likely to continue purchasing the same oral care products, which leaves well-established brands at an advantage.
A new holding company is announced for this strategic merger, as well as a blending of senior management from both companies.
Euromonitor speculates on the best investment in the newly freed up capital Procter & Gamble will likely gain when it follows through with its plan to divest up to 100 of its brands.
Organic sales grew 2%, including a two percentage point benefit from pricing. Shipment volume was in-line with prior year levels, but net sales were $20.2 billion, a decrease of 1% versus the prior year period.