The Colgate-Palmolive Company, commonly known as Colgate-Palmolive, is an American multinational consumer products company headquartered on Park Avenue in Midtown Manhattan, New York City. The company specializes in the production, distribution, and provision of household, health care, personal care, and veterinary products.[2]
History and founding
William Colgate, an English immigrant to the United States and devout Baptist, established a starch, soap, and candle factory on Dutch Street in New York City under the name William Colgate & Company in 1806.
In 1833, he suffered a severe heart attack, stopping his business's sales; after a convalescence he continued with his business. In the 1840s, the company began selling individual cakes of soap in uniform weights. In 1857, Colgate died and the company was reorganized as Colgate & Company under the management of his similarly devout Baptist son Samuel Colgate, who did not want to continue the business but thought it would be the right thing to do. In 1872, he introduced Cashmere Bouquet, a perfumed soap.
In 1873, the company introduced its first Colgate toothpaste, an aromatic toothpaste sold in jars.[3] In 1896, the company sold the first toothpaste in a tube, named Colgate Ribbon Dental Cream (invented by dentist Washington Sheffield). Also in 1896, Colgate hired Martin Ittner and under his direction founded one of the first applied research labs.[4] By 1908, it initiated mass sales of toothpaste in tubes. Another of William Colgate's sons, James Boorman Colgate, was a primary trustee of Colgate University (formerly Madison University).
In Milwaukee, Wisconsin, the B. J. Johnson Company was making a soap from palm oil and olive oil, the formula of which was developed by Burdett J. Johnson in 1898. The soap was popular enough to rename their company after it in 1917—Palmolive.[5] Around the start of the 20th century, Palmolive was the world's best-selling soap.
In June 1928, rumors started that "officials of the Palmolive-Peet Co. are negotiating to purchase the Colgate Co." privately held by the Colgate family.[6] Peet Brothers Soap Company of Kansas City merged into Palmolive two years before the merger with Colgate.[7] The merger combined the three oldest and largest soap and perfumery companies in the US and was effective July 1, 1928. The combined company was named the "Colgate Palmolive Peet Company".[8] The combined pre-merger sales in 1927 of the three companies exceeded $100,000,000. The newly combined company had seven US manufacturing facilities as well as factories in 14 foreign countries.[9] In 1953, the companies became a joint venture, known as the Colgate-Palmolive Company.[8]
Competition with P&G
Colgate-Palmolive has long been in competition with Procter & Gamble (P&G), the world's largest soap and detergent maker and the maker of Crest toothpaste. P&G introduced its Tide laundry detergent shortly after World War II, and thousands of consumers turned from Colgate's soaps to the new product. Colgate lost its number one place in the toothpaste market when P&G added fluoride to its toothpaste Crest & Gleem (The Gleem brand was discontinued by P&G in 2014). Colgate has since re-claimed the #1 sales position.[10] In the beginning of the TV era, Colgate-Palmolive wished to compete with P&G as a sponsor of soap operas and sponsored only two soap operas, The Doctors on NBC & ABC's One Life To Live from the shows debut in July 1968 until ABC bought One Life To Live from its creator Agnes Nixon in December 1974. They tried to keep the sponsorship of One Life To Live and gain sponsorship of Nixon's newest soap opera All My Children which ABC begin airing on January 5th of 1970 but ABC wouldn't allow it. However, The Doctors was sponsored by Colgate-Palmolive for its entire run from April 1963 until its cancellation in December 1982.
After The Doctors cancellation, Colgate-Palmolive never sponsored another show. P&G continued sponsoring several soap operas on all three networks until its last show As the World Turns was canceled in September 2010.
Recent years
In 2005, Colgate sold the under-performing brands Fab, Dynamo, Arctic Power, ABC, Cold Power and Fresh Start, as well as the license of the Ajax brand for laundry detergents in the US, Canada and Puerto Rico, to Phoenix Brands, LLC as part of its plan to focus on its higher margin oral, personal, and pet care products.[11][12]
In 2006, Colgate-Palmolive announced the intended acquisition of Tom's of Maine, a leading maker of natural toothpaste, for US$100 million.[13] Tom's of Maine was founded by Tom Chappell in 1970.
In 2020, Colgate-Palmolive acquired Hello Products LLC, one of the fastest-growing premium oral care brands in the United States, for an undisclosed amount.[14]
Brands
Colgate-Palmolive now markets a broadly diversified mix of products in the United States and other countries. Major product areas include household and personal care products, food products, health care and industrial supplies, and sports and leisure time equipment.
- Afta Lotion
- Anthony longlife soap
- Anbesol
- Ajax
- Axion
- Caprice (shampoo; Mexico)
- Cibaca (India)
- Cold Power
- Colgate
- Colodent (Poland)
- Crystal White Octagon
Discontinued products and former brands
Notes:
* While detergent brands continue to be manufactured and sold by Colgate in some countries, in the United States they have been sold to another company, Phoenix Brands in 2005.[66] Phoenix Brands filed for bankruptcy in May 2016[67] and the US rights have been assumed by Fab & Kind Company.
In May 2015, Colgate-Palmolive sold its Australian laundry detergents and pre-wash brands to Henkel for US$245 million (€220 million).[68] Colgate-Palmolive has divested its laundry detergents business in Colombia, which was in turn acquired by Unilever and some Asian countries, which was acquired by Procter & Gamble.[69]
Facilities
In the U.S., the company operates approximately 60 properties, of which 14 are owned.[70] Major U.S. manufacturing and warehousing facilities used by the oral, personal and home care segment of Colgate-Palmolive were located in Morristown, New Jersey (previously the headquarters of the Mennen company prior to its 1992 buyout, and still HQ of the Mennen division) until 2014, when the plant shut down and moved operations to Hodges, South Carolina ; Morristown, Tennessee; and Cambridge, Ohio. The pet nutrition segment has major facilities in Bowling Green, Kentucky; Emporia, Kansas; Topeka, Kansas; and Richmond, Indiana. The primary research center for oral, personal and home care products is located in Piscataway, New Jersey and the primary research center for pet nutrition products is located in Topeka, Kansas.
Overseas, the company operates approximately 280 properties of which 80 are owned in over 70 countries.[70] Major overseas facilities used by the oral, personal and home care segment are located in Australia, Brazil, China, Colombia, France, Guatemala, India, Italy, Malaysia, Mexico, Pakistan, Poland, South Africa, Thailand, Venezuela, Vietnam and elsewhere throughout the world.
Colgate-Palmolive has closed or is in the process of phasing out production at certain facilities under a restructuring program initiated in 2004 and has built new state-of-the-art plants to produce toothpaste in the U.S., Mexico and Poland.
Advertising
The iconic hand on the Palmolive dishwashing soap label belongs to hand model Elizabeth Barbour.[73] The image is an illustration of a photograph taken in 1985 when the Colgate-Palmolive Company updated the image, hiring Barbour, then with the Ford Agency in New York City.
External links
- Colgate-Palmolive company history at FundingUniverse
References
- Colgate-Palmolive Company 2024 Annual Report (Form 10-K) February 13, 2025, retrieved February 14, 2025^
- "Legal/Privacy ." Colgate-Palmolive. Retrieved June 26, 2010.^
- Geoffrey Jones. Blonde and blue-eyed? Globalizing beauty, c.1945–c.1980