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Henkel plans to merge Laundry & Home Care and Beauty Care to create new “Consumer Brands” business unit
Date: 2022-02-03 09:02:43
Henkel announced plans to merge its business units Laundry & Home Care and Beauty Care into one business unit: Henkel Consumer Brands. The company will start preparations for the integration process immediately and aims to have the new organization in place latest by beginning of 2023. With the new business unit, Henkel will build one multicategory platform for growth, combining its consumer brands and businesses under one roof, including many iconic brands such as Persil and Schwarzkopf, also comprising the hair professional business. “We will join forces in our consumer goods businesses to create one strong, integrated business unit as a foundation for future profitable growth. The integrated Consumer Brands business will...
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