P&G to terminate Distribution Agreement entered with Gillette India

02 Jul 2015 Evaluate

Procter & Gamble International Operations S.A. will be terminating the Distribution Agreement entered with Gillette India. The company has been acting as an authorized distributor of ‘Duracell’ batteries pursuant to an arrangement entered into with its affiliate company, Procter & Gamble International Operations S.A (P&G).

The Procter & Gamble Company USA has decided to globally divest the business of ‘Duracell’. As a result of such divestiture, Procter & Gamble International Operations SA has decided to terminate the distributor arrangement entered into with the company.

The company has received intimation from Procter & Gamble International Operations S.A. regarding termination of the distributor agreement. As a result of the termination, the company will not be acting as the distributor of ‘Duracell’ batteries with effect from November 30, 2015.


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