Procter & Gamble Co said it would sell its soap brands Camay and Zest to Unilever Plc (UK) for an undisclosed amount to focus on its faster-growing brands.
The deal includes the global sale of the Camay brand and the sale of the Zest brand outside of North America and the Caribbean, P&G said.
The company will also sell its Talisman facility in Mexico to Unilever. The facility has 170 employees.
P&G said in August that it would shed 80-100 slow-growing product lines to focus on about 80 brands, including Tide laundry detergents and Pampers diapers, which generate most of its revenue.
P&G sold its Duracell battery business to Berkshire Hathaway Inc in November and its pet food business in Europe to Spectrum Brands Holdings Inc in September.
The deal with Unilever is expected to close in the first half of 2015, P&G said.