P&G's post-World War II growth came from three sources: acquisitions, development and
marketing of new brands, and international expansion. Its acquisitions included: Duncan Hines and
Hines-Park Foods (food products), W. T. Young Foods (peanut butter and nuts), J. A. Folger (coffee),
and Clorox Chemical Co. (bleach). In 1957, the U.S. Federal Trade Commission (FTC) sued P&G to
force the divestiture of its Clorox subsidiary. This effectively terminated the growth by
acquisition strategy for two decades, forcing P&G management to grow through new-product
development and international expansion.