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Procter & Gamble Co. said Monday that it has closed on the acquisition of Sara Lee Corp.’s Ambi Pur brand.

P&G first announced the acquisition in December. It paid 320 million euros, or about $402 million, for the line of air freshener products, which are marketed in Europe and the United Kingdom.

“The acquisition of Ambi Pur strengthens P&G’s global leadership in home care and specifically air care by extending our reach to serve more consumers in more parts of the world more completely,” said David Taylor, P&G group president, global home care, in a news release payday loan companies.

The company said previously the acquisition will not have a material impact on its fiscal 2010 results. P&G’s fiscal year ended June 30.

Procter & Gamble (NYSE: PG), headquartered in Cincinnati, develops, manufactures and markets consumer products and pharmaceuticals. Sara Lee Corp. (NYSE: SLE) is headquartered in Downers Grove, Ill.

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