In Brief: Dial
This article was originally published in The Rose Sheet
Executive Summary
Dial: Purchase of Nuevo Federal personal care and household goods company for $35 mil. gives Dial Corp. an entry into Argentina, and a chance to expand its Latin American presence. Nuevo Federal, whose core products of laundry detergents and bar soaps "mirror" those of Dial, generated revenues of $60 mil. in 1996, according to Dial. The purchase "positions Dial to become a major player in Latin America's personal care" market, the company said...