does procter and gamble own johnson and johnson

Procter Gamble and Johnson Johnson: Two Giants in the Consumer Goods ArenaWhile both Procter Gamble PG and Johnson Johnson JJ are household names, they are not owned by the same company. They are separate entities with distinct histories, product portfolios, and market strategies. Procter Gamble is a global consumer goods giant known for brands like Tide, Crest, Pampers, and Gillette. They focus on a wide range of household products spanning personal care, cleaning, and food.Johnson Johnson specializes in pharmaceuticals, medical devices, and consumer healthcare. Their iconic brands include BandAid, Tylenol, and Neutrogena.Despite their distinct identities and product lines, both PG and JJ are major players in the consumer goods industry. They compete in various categories but also collaborate on initiatives like sustainability and healthcare innovation.The perception that they might be connected likely stems from their shared history as major consumer brands and their significant presence in the global market. However, understanding their individual operations and unique approaches to business is crucial for navigating the vast world of consumer goods.