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Colgate-Palmolive Pakistan

From Wikipedia, the free encyclopedia

Colgate-Palmolive Pakistan
Company typePublic
IndustryConsumer goods
Founded1977; 47 years ago (1977)
HeadquartersKarachi, Pakistan
ParentColgate-Palmolive (51%)
Lakson Group
Websitecolgate.com.pk

Colgate-Palmolive Pakistan, formerly known as National Detergents Limited, is a Pakistani consumer goods company which is a subsidiary of American multinational company Colgate-Palmolive and Pakistani company Lakson Group.[1] It was founded in 1977 and is based in Karachi, Pakistan.

It operates in oral care, personal care, and fabric care sectors.[1]

History

It was founded in 1977 as National Detergents Limited.[1]

In 2019, the Competition Commission of Pakistan imposed Rs. 10 million on the company for running deceptive marketing campaign.[2]

In May 2019, Lakson Group divested 21 percent shares to parent company Colgate-Palmolive.[3]

Its factory is located in Karachi, Pakistan.

Brands

References

  1. ^ a b c d e f g "Colgate Palmolive (Pakistan) Limited". Business Recorder (newspaper). 18 December 2018. Retrieved 31 July 2020.
  2. ^ "Colgate-Palmolive slapped Rs10m fine for deceptive marketing". Dawn (newspaper). 16 August 2017. Retrieved 31 July 2020.
  3. ^ "corporate watch: Lakson to cede 21pc shares in Colgate". Dawn (newspaper). 7 May 2019. Retrieved 31 July 2020.