Colgate-Palmolive weighs sale of Softsoap, Irish Spring and Speed Stick
Colgate-Palmolive is considering selling brands like Softsoap, Irish Spring, and Speed Stick, potentially for over $1 billion. The company is working with Goldman Sachs on the divestment, which is part of a broader portfolio review. Colgate-Palmolive's shares have risen 11% this year, with net sales up 4.9% in the latest quarter, but North American organic sales fell 3%. The sale, if completed, would represent a small portion of the company's overall business.
How this was made

The 30-second read
Why it matters
The potential $1B+ divestiture could improve balance sheet flexibility but may also signal weakening confidence in the personal care segment.
Market read
A material portfolio reshuffle for a $70B consumer staple firm, relevant for investors tracking CL and sector peers.
What to watch
Potential regulatory approvals and integration costs for buyers could delay or reduce the expected proceeds.
Background
Colgate-Palmolive is reviewing its personal care portfolio amid competitive pressure and higher input costs.
Ticker impact
Colgate-Palmolive is weighing a divestiture of Softsoap, Irish Spring and Speed Stick, a potential $1B+ sale.
Short-term price pressure as investors assess the divestiture; possible upside if deal terms improve.
The deal size is material for a $70B market cap, but the sale is only under consideration, creating uncertainty.
Market effects
Signals continued portfolio pruning in consumer staples, may prompt peers to evaluate similar divestitures.
Limited to North American consumer goods market where CL operates.
Highlights trend of large consumer companies monetizing non-core brands globally.
Counterpoint
The sale could be a distraction; focus on core oral care may drive stronger earnings than the cash infusion.
Key entities
- CompanyColgate-Palmolive
Consumer goods giant considering divestiture.
- Financial AdvisorGoldman Sachs
Advising on the potential sale.




