Market News

Alberto Culver Announces Noxzema Acquisition

Alberto Culver Company announced that it had closed the transaction to acquire the worldwide rights and trademarks to the Noxzema skin care brand from The Procter & Gamble Company, which includes the existing business in the United States, Canada and portions of Latin America. Procter & Gamble will continue to operate its existing Noxzema shave care, antiperspirant/deodorant, body wash and body soap business in portions of Western Europe. http://www.marketwatch.com/news/story/alberto-culver-announces-completion-noxzema/ story.aspx?guid=%7BFF9433EE-BDA6-4F2A-8DCA-C3FE34571513%7D&dist=hppr Source: Canadian Grocer E-Newsletter, October 3, 2008