Colgate-Palmolive is a multinational consumer goods company headquartered at Park Avenue, New York City, United States. Founded in 1806, it produces personal care, health care, and even veterinary products. William Colgate, an American immigrant, started the William Colgate & Company to set up a soap, candle, and starch factory. Unfortunately, William Colgate had a cardiac arrest, and his business was stopped for some time. He restarted its business by selling soap cakes. Colgate died in 1857, and the company was managed and renamed by Samuel Colgate as Colgate & Company. Colgate toothpaste was introduced in 1873 and was sold in jars. After that, in 1896, it sold the first toothpaste in tube packaging, which was known as Colgate Ribbon Dental Cream.
The Procter & Gamble Company is an American multinational corporation that provides consumer goods based in Cincinnati, Ohio, United States. William Procter and James Gamble established the company on 31 October 1873. P&G produces hygiene and personal care products. Overall, the company offers products for health care, grooming, beauty, family care, fabric, etc.? In 2014, the company made $83.1 billion in sales, and then on 1 August 2014, Procter & Gamble sold its 100 brands to focus on the highly profitable brands, which were making 95% profit. The company?s Chairman and CEO, A.G. Lafley said that the upcoming future of P&G will be brighter and simpler. Moreover, Procter & Gamble was on the 55th seat in the Forbes Global 2000.
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