Colgate-Palmolive has entered into a joint venture with the Tolaram Group to bring innovative oral care, personal and home care products to the Nigerian market.
The partnership is hoped to bolster Colgate’s presence while cementing Tolaram as a leading consumer company within the country.
John Hazlin, President, Africa Eurasia for the Colgate-Palmolive Company, stated that the company sees the partnership as a way of increasing its investment in the company. He said, “We see many bright opportunities ahead for this new venture and for consumers in this vibrant and growing market.”
The collaboration marks Tolaram’s fourth joint venture in Nigeria.