Its United States-based parent company might have quit the laundry detergent market, but the Australian arm of Colgate-Palmolive has no plans to ditch brands such as Fab, Cold Power, Dynamo and Spree.
Trilantic Capital Partners is selling Phoenix Brands LLC, a consumer-products company that makes laundry detergents Fab, Dynamo and Ajax, according to two people with knowledge of the situation.