Draft:The Gillette Company
Former American razor and health products company based in Boston, Massachusetts (1901–2007) / From Wikipedia, the free encyclopedia
The Gillette Company (also known as Gillette) was an American company known for Gillette based in Boston, Massachusetts, United States, a supplier of products under various brands until that company merged into P&G in 2005. The Gillette Company was founded by King C. Gillette in 1901 as a safety razor manufacturer.[1]
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Company type | Public |
---|---|
Industry | Consumer products |
Founded | 1901; 123 years ago (1901) |
Founder | King Camp Gillette William Emery Nickerson John Joyce |
Defunct | 2007 |
Fate | Folded into Procter & Gamble |
Successor | Procter & Gamble |
Headquarters | Boston, Massachusetts, U.S. |
Area served | Worldwide |
Products | Razor |
Brands | Gillette |
Parent | Independent (1901–2005) Procter & Gamble (2005–2007) |
Subsidiaries | Oral-B Braun |
Website | www |
Under the leadership of Colman M. Mockler Jr. as CEO from 1975 to 1991,[2] the company was the target of multiple takeover attempts, from Ronald Perelman[3] and Coniston Partners.[2] In January 2005, Procter & Gamble announced plans to merge with the Gillette Company.[4]
The Gillette Company's assets were incorporated into a P&G unit known internally as "Global Gillette". In July 2007, Global Gillette was dissolved and incorporated into Procter & Gamble's other two main divisions, Procter & Gamble Beauty and Procter & Gamble Household Care. Gillette's brands and products were divided between the two accordingly. The Gillette R&D center in Boston, Massachusetts, and the Gillette South Boston Manufacturing Center (known as "Gillette World Shaving Headquarters"), still exist as functional working locations under the Procter & Gamble-owned Gillette brand name.[5] Gillette's subsidiaries Braun and Oral-B, among others, have also been retained by P&G.