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SARA LEE
Sara Lee is the parent company of Kiwi Brands, Inc., the leading shoe-care products company in the United States. Sara Lee is based in Chicago, and Kiwi is based in Douglassville, Pennsylvania. In October 1991, Sara Lee acquired Reckitt & Colman plc's shoe-care products business for $25.8 million. Reckitt & Colman, a London, England-based company, sells Melto- nian, Griffin and Magix brands of shoe-care products in the United States. In an action prior to today, the FTC alleged that the acquisition would have created a virtual monopoly in the shoe-care products business.
Source: ftc.gov (built 14121 days ago)
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