* Colgate Palmolive buys Sanex brand from Unilever
* Deal comes after Unilever was ordered to sell Sanex
* Unilever buys Colgate Colombian detergent brands
(Rewrites with further detail, changes dateline)
LONDON, March 23 U.S. consumer goods group
Colgate-Palmolive (CL.N) has agreed to pay around $940 million
for Sanex, a shower gel and deodorant brand which owner Unilever
(ULVR.L) (UNc.AS) had been ordered to sell.
The European Commission asked Unilever to divest Sanex for
anti-trust reasons after the Anglo-Dutch company acquired it
when buying U.S. group Sara Lee's SLE.N personal care business
Sanex had sales of 187 million euros ($265 million) in 2010,
largely in Western Europe.
Also on Wednesday, Unilever agreed to buy Colgate's laundry
detergent brands in Colombia, such as Fab, Lavomatic and Vel,
for $215 million. Colgate said the deals were expected to add,
on a combined basis, about 4 percent to earnings in 2011.
Colgate chairman and chief executive Ian Cook said: "Sanex
is a very strong brand that we have admired for a long time".
Unilever Plc shares were up 1 percent at 1,828 pence at 1140
GMT in a slightly firmer London stock market.
(Reporting by David Jones; Editing by Dan Lalor)
($1 = 0.7054 euro)