Apex Capital to acquire Clorox operations in Argentina, Uruguay and Paraguay from Clorox.

Apex Capital, a private equity firm, agreed to acquire Clorox operations in Argentina, Uruguay and Paraguay from Clorox, a chemical manufacturer. Financial terms were not disclosed. "This transaction supports our IGNITE strategy and our commitment to evolve our portfolio to increase our focus on our core business to drive more consistent, profitable growth. I would like to thank our teammates in Argentina for effectively managing the business in this dynamic operating environment. The new owners share our values and bring proven local operating experience and we believe their focus on maximizing the potential of the business will position it to deliver continued growth that benefits consumers and employees," Linda Rendle, Clorox Chair and CEO.