Does Procter and Gamble Own Johnson and Johnson?_deltin51

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No, Procter and Gamble does not own Johnson and Johnson. These are two separate multinational corporations in the consumer goods and healthcare industries.

Procter and Gamble, often abbreviated as P&G, is an American company founded in 1837. It is headquartered in Cincinnati, Ohio, and specializes in a wide range of products including personal care, hygiene, and household items. Some of its well-known brands are Tide, Pampers, Gillette, and Crest.   

Johnson and Johnson, on the other hand, is also an American company established in 1886. It is based in New Brunswick, New Jersey, and focuses primarily on medical devices, pharmaceuticals, and consumer packaged goods. Notable brands under Johnson and Johnson include Band-Aid, Tylenol, Neutrogena, and Johnson\“s Baby products.

Both companies operate independently and are competitors in certain market segments, such as baby care and skincare. They have distinct ownership structures, with shareholders and boards of directors that do not overlap in a way that would indicate ownership by one over the other.

In summary, Procter and Gamble and Johnson and Johnson are independent entities with their own histories, product lines, and corporate strategies. There is no ownership relationship between them.