Kodak to Sell L&F Division
& Colman here has signed an agreement to acquire the L&F Products division of Eastman Kodak, Rochester, N.Y., for $1.55 billion. The Do-It-Yourself business of L&F is not part of the transaction, which is pending approval by Reckitt & Colman shareholders and the government. The sale would include L&F Products' businesses in Canada, Germany, Australia and Southeast Asia.
Reckitt & Colman produces health and beauty care, and household and food products, including the brands Neet, Mr. Bubble and Binaca. L&F is a manufacturer of household product brands such as Lysol, Rid-X and Wet Ones.
Rembrandt to Offer Holiday Box
LOS ANGELES -- Rembrandt Oral Care Products here will offer a holiday gift box featuring three products -- a 3-ounce tube of mint-flavored whitening toothpaste, a 3-ounce tube of brushing gel and an 8-ounce bottle of mouth rinse. It will be available in late November, retailing for $19.50.
Freeman Adds Skincare Items
BEVERLY HILLS, Calif. -- Freeman Cosmetic Corp. is expanding its line of skin care products, Beautiful Skin, by adding two new skin care treatments: Beautiful Skin Sugar Cane and Guava Alpha-Hydroxy Peel-Off Masque in 6-ounce tubes and Beautiful Skin Dewberry and Peppermint Hydrating Toner in 8-ounce bottles. Both products are now shipping to retailers. The suggested retail price is $3.99 for each product in the line.