Unilever, the multinational consumer goods giant, has announced it has announced a buyer for its ice cream business in Venezuela in the shape of Mack de Venezuela, a Colombian automotive company. The transaction includes both the Tio Rico brand and its associated factory. Commenting on the move, a Unilever spokesperson said: “In accordance with our focus on portfolio optimisation and value creation, the Unilever board determined this transaction delivers the best …
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FMCG giant Unilever has announced that the company has acquired men’s personal care brand Dr. Squatch from growth equity firm Summit Partners. In a press release, Unilever said the addition of Dr. Squatch to the firm’s portfolio was part of its strategy to increase its number of premium and high growth products. Dr. Squatch is described by Unilever as a “highly engaging” brand with viral marketing strategies, and which is currently selling its …
Unilever, the multinational consumer goods giant, has announced that it has received a binding offer from plant-based company Vivera to acquire De Vegetarische Slager (The Vegetarian Butcher), a Netherlands-based meat substitutes firm. Founded in 2010, The Vegetarian Butcher expanded to 55 countries after Unilever acquired it in 2018. Commenting on the move, Unilever Foods president Heiko Schipper said: “I believe that The Vegetarian Butcher is poised for even greater success …
Multinational FMCG firm Unilever has announced that the company is expanding its deodorant plant in Aguai, in Brazil’s Sao Paulo state, via an investment of R$265 million ($46.6 million). In a press release, the firm said it planned to add a new production line that will increase capacity by more than 30%. The new line will manufacture for Rexona, Dove, Axe and Suave, Unilever’s four primary deodorant brands, the first two of …
Unilever, the multinational consumer goods giant, has announced plans to close its ice cream facility in Bulgaria and move part of the production to Romania. The closure comes after Unilever announced plans to spin off its ice-cream division, which generates nearly €8 billion ($8.3 billion) in annual sales, by the end of the year. “This move aims to facilitate production synergies and ensure sustainable development for the long term”, a Unilever spokesperson …
Hindustan Unilever (HUL), the Indian arm of Anglo-Dutch multinational Unilever, has entered into a definitive agreement to acquire a 90.5% stake in beauty brand Minimalist for 2,955 crore INR ($354.6 million), with plans to acquire the remaining stake in two years. Founded in 2020, Minimalist is described as a rapidly growing digital-first beauty brand offering clinically tested skincare, haircare, and body care products. It has reached an annual revenue run …
Unilever, the multinational consumer goods giant, has announced plans to sell its Knorr pasta sauce brands Tomato al Gusto and Speciale al Gusto in Germany to Italian food firm Casalasco for an undisclosed sum. Casalasco is described as one of the main global operators in the production and processing of industrial tomatoes, managing the Pomì, Pomito, and De Rica brands and with a supply chain that includes 800 agricultural companies, …
Unilever, the multinational consumer goods giant, has announced that it has received a binding offer from Dutch food company Zwanenberg Food Group to acquire the soup and meat brands Unox and Zwan for an undisclosed sum. Launched in 1928 and 1937 respectively, the Zwan and Unox brands have been part of Unilever’s portfolio for nearly a century. In a statement, the company said it plans to sharpen its foods portfolio, …
Finland-based food company Paulig has announced that it is acquiring Asian foods brand Conimex from consumer goods giant Unilever to strengthen its presence in the Netherlands. Founded in 1932, Conimex is said to have a 100-strong product range that includes meal makers, prawn crackers, soups, sauces and seasonings, and 87% brand awareness domestically. Commenting on the move, Paulig CEO Rolf Ladau said: “We aim to shape a popular food culture, …
Unilever, the leading FMCG firm, has announced it has completed a £40 million ($51 million), five-year investment at its food factory in Burton, UK, as it seeks to consolidate manufacturing of its condiments range. In a statement, the company said the aim of the investment was to drive growth in its UK food business and develop supply chain efficiency. The investment includes a second factory built next to its existing …
Unilever Ventures, the venture capital arm of consumer goods giant Unilever, has led a $5 million funding round in US-based creatine supplement firm Create Wellness. Founded in 2022, Create Wellness makes supplement gummies that are claimed to improve strength and cognition and facilitate muscle recovery. The company reportedly plans to use the funding to increase headcount, conduct research and expand distribution. Commenting on the move, Create Wellness CEO Dan McCormick …
Unilever, the multinational consumer goods giant, has announced plans to spin off its ice cream divison into a separate business entity as it seeks ways “to accelerate its Growth Action Plan (GAP)”. The ice cream business has a portfolio of the top ten most popular global ice cream brands, including Wall’s, Magnum and Ben & Jerry’s, which collectively generated revenue of around €7.9 billion ($8.53 billion) in 2023, the company …
Consumer goods major Unilever has announced plans to invest $80 million to expand its facility in Jefferson City, MO for the manufacture of the functional powder mix Liquid IV. Liquid IV was acquired by Unilever in 2020 with the aim of strengthening the company’s presence in the health and wellness category, and is said to be now four times larger than it was in the period near acquisition. The range …
Consumer goods giant Unilever has announced an investment of R$80 million ($16.2 million) to expand production of Hellmann’s mayonnaise at its factory in Pouso Alegre, in Brazil’s Minas Gerais state. Established in 1974, the Pouso Alegre facility manufactures over 200 SKUs including Hellmann’s mayonnaise and Knorr stock cubes, and has around 800 employees. According to sources, the investment will be used to add a new production line, enabling a “double-digit” …
Unilever, the FMCG multinational, has announced that it has signed an agreement to acquire US haircare brand K18 for an undisclosed sum. Founded in 2020 by Suveen Sahib and Britta Cox, K18 is described as bridging the gap between beauty & biotech with six haircare solutions targeting hair damage. K18 is distributed through professional salons, retail, and e-commerce platforms in North America, the UK and Australia. Commenting on the deal, …
Unilever, the multinational consumer goods giant, has announced it has received a binding offer from Yellow Wood Partners, a Boston-based private equity firm, to acquire Elida Beauty for an undisclosed amount. Elida Beauty has a portfolio of 20 beauty and personal care brands including Q-tips, Impulse, Caress, Tigi, Timotei, Monsavon, Brut, Moussel, Alberto Balsam, and VO5, which together generated revenue of around £800 million ($980 million) in 2022. Fabian Garcia, Unilever …
Unilever, the multinational consumer goods giant, has opened a new €80 million ($78.4 million) factory in the Philippines to increase production of its personal care ranges in the country by 15%. Located in the province of Cavite, the factory will manufacture Sunsilk and Creamsilk haircare products, as well as deodorant ranges from Rexona and Dove. Commenting on the new facility, Unilever Philippines chairman and CEO Benjie Yap said: “Our investment …
FMCG major Unilever is expanding its manufacturing capabilities in Colombia with the launch of a new facility for its Fruco and Del Huerto brands. According to a Just Food report, the new plant is sited at the company’s existing production complex in Palmira. Said to be the fourth-largest Unilever production centre in the Latin America region, the Palmira facility employs 1,200 staff and supplies products to a total of 16 countries. “By centralising our operations …
Unilever, the multinational consumer goods giant, has announced that the company has reached an agreement to acquire Yasso, a US frozen greek yogurt brand. Yasso offers a range of convenient frozen snacks, including novelty stick bars, chocolate crunch bars, frozen greek yogurt sandwiches and mochi. Commenting on the acquisition, Matt Close, president ice cream at Unilever, said: “I am delighted to welcome Yasso to the Unilever family. It has built …
Hindustan Unilever Ltd (HUL), Unilever’s Indian subsidiary, has announced it has sold its atta and salt business under the Annapurna and Capital Cook brands to Uma Global Foods and Uma Consumer Products, both subsidiaries of Reactivate Brands International. The sale is part of HUL’s strategy to divest non-core categories and focus on the growth of its packaged foods business of dressings, scratch cooking and soups, the company said in a …
FMCG multinational Unilever has announced plans to build a new manufacturing facility in the state of Nuevo Leon, in North Mexico. According to an article in Reuters, the new plant is part of a $400 million program of investments that Unilever intends to make in Mexico over the next three years. Located on the outskirts of Monterrey, in Salinas Victoria, the facility will reportedly create 1,200 direct and indirect jobs …
Unilever, the multinational consumer goods giant has announced it will cut 1,500 management jobs globally as part of the changes in its organisation model. The company’s re-organisation comes under intense pressure from shareholders to boost growth. Unilever will move from three to five distinct business groups: beauty & wellbeing, personal care, home care, nutrition, and ice cream. It will reduce its senior management roles by 15% and more junior management …
Unilever, the multinational consumer goods giant has announced the sale of its global tea business Ekaterra to CVC Capital Partners Fund VIII for €4.5 billion ($5.1 billion). Ekaterra has a portfolio of 34 tea brands such as Lipton, PG tips, Pukka, and T2, with 11 production facilities in 4 continents, and Tea estates in 3 countries generating revenue of around €2 billion in 2020. “The evolution of our portfolio into …
Leading Italian food company Barilla and consumer goods multinational Unilever have entered into a strategic agreement to sell ice cream and snacks in Italy, according to a Reuters report. The deal, agreed between Barilla and Unilver’s Algida division, will reportedly tap into increased demand, especially in the summer season, and allow Barilla to compete with larger overseas companies. Francesco Del Porto, head of the Italy Region at Barilla, said: “We are convinced that …
Unilever, the multinational consumer goods giant has announced a strategic partnership with Arzeda, the industry-leading Protein Design Company. Arzeda is a synthetic biology company that creates novel proteins, enzymes derived from nature, and specialty chemical products used through smart technologies to optimise their functionalities. Over the next three years, Unilever will use Arzeda’s world-leading digital biology techniques to innovate its own cleaning and laundry portfolio. Peter ter Kulve, Unilever Home …
Unilever, the Anglo-Dutch consumer goods giant, has announced that the company has reached an agreement to acquire Onnit, a holistic wellness and lifestyle firm based in Austin, Texas. According to Unilever’s press release, Onnit’s supplements are the foundation of the brand’s portfolio, and its products are made with high-quality ingredients to provide benefits such as improved cognitive function, mood, relaxation, gut health, and immunity support. Onnit also offers functional nutrition, …
Ice cream maker Ben & Jerry’s, a subsidiary of FMCG multinational Unilever, has entered into the pet food market with Doggie Desserts, a new line of frozen dog treats. The range is said to use the same ingredients a the company’s regular non-dairy desserts such as pea protein, coconut oil, and wheat flour, with a base of sunflower butter. “We know our fans love their dogs and treat them like …
Unilever, the Anglo-Dutch consumer goods giant, has announced the completion of the unification of its group legal structure under a single parent company, Unilever plc. Founded in 1930, Unilever has been operating under two separated listed companies – a Dutch NV and a UK plc. With the unification, Unilever NV will merge into Unilever plc. “This is an important day for Unilever and we would like to thank our shareholders …
Unilever, the multinational consumer goods giant, has entered into an agreement to acquire US-based vitamin, mineral, and supplement company SmartyPants Vitamins. Founded in 2011, SmartyPants Vitamins offers a range of supplements free from synthetic colour, artificial flavours, sweetener, and preservatives to support the wellbeing needs of children and adults, Unilever said. In particular, the company focuses on nutrients it says can be hard to get consistently from food, such as Omega …
Unilever, the multinational consumer goods giant, has announced the acquisition of Liquid IV, a California-based drinks concentrate company. Liquid IV is described as a health-science nutrition and wellness company that produces electrolyte drink mixes called Hydration, Energy, and Sleep, distributed across the USA. The company uses cellular transportation technology to quickly deliver water and nutrients to the bloodstream, Unilever said. Brandin Cohen, founder and CEO of Liquid IV, said: “We …
Unilever, the multinational consumer goods giant, has announced an investment of $112 million to expand its ice cream production facility in Taicang, China. Built in 1996 and expanded in 2003 and 2013, this new expansion will cover an area of 66,000 square metres including factory lines, warehouses, offices, and will produce 150,000 tones of ice cream per year. According to Unilever, this investment “marks one of the biggest expansion efforts …
Unilever, the FMCG multinational, is considering the sale of its tea division in light of declining sales. Speaking during a conference call to announce the firm’s Q4 results, Unilever CEO Alan Jope described the firm’s tea business, which includes the PG Tips and Lipton brands, as being “more mature […], consolidated […] and structurally slower growing”, and said the future of the business would now be the subject of a strategic review. …
Unilever, the multinational consumer goods giant, has announced it is undertaking a review of its washing powder factory in Warrington, UK in light of falling sales of powder detergents. The future of the plant, which manufactures Persil and Surf laundry powder and employs 123 staff, will be decided by the end of February, Unilever said. “Unilever has made considerable efforts to address the site’s challenges in recent years, from investing in …
Unilever, the Anglo-Dutch consumer goods giant, has announced it has entered into an agreement to sell part of its laundry detergent business in Central America to the Guatemalan household and personal care firm Industria La Popular for an undisclosed sum. The deal will see Unilever divest its direct application laundry soap bars business in Central America, including the licence to use the brands Xtra, Surf, Unox and Rinso. The rights to use the brands …
Unilever, the Anglo-Dutch FMCG firm, has announced it is consolidating production of Weis ice creams in Australia at its site in Minto, New South Wales, meaning the long-standing Weis factory in Toowoomba, Queensland will close. “The ice cream market – in terms of costs, competition and distribution channels – has changed very quickly and pressure on our business has significantly increased”, Unilever Australia & New Zealand CEO Clive Stiff said. Unilever …
Zwanenberg, a producer of meat preserves, snacks, soups, sauces, convenience meals and vegetarian products, has announced an agreement to acquire the Chicken Tonight sauce brand from Anglo-Dutch consumer goods giant Unilever. Zwanenberg said it already made the sauces for Unilever but from now one would also assume responsibility for marketing and sales. Commenting on the deal, Zwanenberg Nederland CEO Maarten Elsinga said: “Chicken Tonight is a wonderful extension of our …
Unilever, the consumer goods giant, has agreed a deal to acquire a 75% stake in the Romanian firm Good People, which markets a range of health-oriented food under the FruFru brand, according to reports in Just Food and the Romanian media. Founded in 2006, Good People is described as the first “fresh, healthy” food concept in Romania, offering a range of fruit and vegetable based meals, drinks and other convenience …
Unilever, the consumer goods giant, is to close an ice-cream factory in Henderson, Nevada with the loss of 300 jobs, according to a Reuters report. The plant, which is due to cease production at the end of August, is said to manufacture ice cream and frozen novelties for Ben and Jerry’s, Breyers, Magnum, Popsicle, Good Humor and Klondike, among other brands. Unilever is set to finally close the plant during …
Unilever, the Anglo-Dutch consumer goods giant, has announced it has reached a deal to acquire the US skincare brand Tatcha for an undisclosed sum. The firm described Tatcha as a modern skincare brand rooted in classical Kyoto rituals, adding that it had become a cult favourite by introducing Japanese skincare to other parts of the world. Tatcha’s product range is based on a formula of green tea, rice and algae, and …
Unilever, the consumer goods giant, has announced that it has reached an agreement to acquire Olly Nutrition, a San Francisco headquartered company that makes vitamins, minerals, and supplements. Olly Nutrition is known for its gummy vitamins and supplements, and also sells protein powders and snack bars. Amanda Sourry, president of Unilever North America, commented: “We are delighted to welcome Olly Nutrition to our portfolio of brands. Olly is a strong, …
Unilever, the consumer goods giant, has announced it has signed an agreement to acquire the Fluocaril and Parogencyl oral care brands from P&G, the US FMCG multinational. Fluocaril and Parogencyl are described as therapeutic brands sold in the pharmacy channel, mostly in the Spanish and French markets. Fluocaril offers oral care solutions specialising in protection against cavities, while Parogencyl tackles gum issues. Unilever said the acquisition would give Unilever a …
Unilever, the Anglo-Dutch consumer goods giant, is set to expand its Carte D’Or range in the UK with the launch of new layered ice creams featuring cake and biscuit pieces. Said to be backed by a marketing investment of £3 million ($3.9 million), the new range comes in the varieties Brownie and Vanilla, Sea Salted Caramel and Raspberry Cheesecake, priced at £3.99 ($5.22) for a 430ml tub. The Raspberry Cheesecake …
Unilever, the consumer goods giant, has announced it is expanding further in the premium skincare category with the acquisition of derma-cosmetic firm Garancia for an undisclosed sum. Sold mainly in pharmacy channels and through selective retail distribution, Garancia offers 38 facial and body skincare products that are claimed to feature “clean and effective formulas combined with a scientific approach”. Founded in 2004 by pharmacist Savéria Coste, the brand now offers a …
Consumer goods giant Unilever has extended its Marmite yeast extract brand into a new category in the UK with the launch of Marmite Peanut Butter. According to Unilever, Marmite Peanut Butter “retains the umami taste of Marmite, but mingles these classic flavours with the smooth and salty flavour of peanut butter to create a delightfully savoury blend”. The new launch is said to feature the “recognisable brand colours” of Marmite …
Leading consumer goods firm Unilever has announced it has acquired The Laundress, a premium-positioned eco-friendly line of detergent, fabric care, and home cleaning products based in New York, USA. Founded in 2004 , The Laundress is described as being “dedicated to turning necessary household chores into a luxurious and enjoyable experience”. The firm’s product line includes laundry and fabric detergent products such as detergent, fabric conditioner and bleach alternative, alongside …
Multinational consumer goods firm Unilever has announced the acquisition of De Vegetarische Slager (The Vegetarian Butcher), a Netherlands-based meat substitutes firm, for an undisclosed sum. Unilever said the acquisition fitted with its strategy of expanding its portfolio into plant-based foods that are healthier and have a lower environmental impact, and would allow it to respond to the growing demand for vegetarian and vegan meals. Founded in 2007, The Vegetarian Butcher produces plant-based …
FMCG giant Unilever has announced it has secured a deal to acquire GSK’s health consumer products division in India, Bangladesh and other predominantly Asian markets, for a total consideration of €3.3 billion ($3.8 billion). The transaction is said to consist of an all-equity merger of Hindustan Unilever Ltd with GSK Consumer Healthcare India, the acquisition of an 82% stake in GSK Bangladesh Limited, and the acquisition of certain other commercial operations and assets outside India. …
Consumer goods giant Unilever has announced an investment of R$127 million ($32.8 million) to expand its facility in Pouso Alegre, Minas Gerais, Brazil. According to an article in O Tempo, construction works are already in progress and operations are expected to start between April and May 2019. Unilever’s Pouso Alegre site currently produces stocks and soups for the Arisco and Knorr brands and soy-based drinks for the AdeS brand, as …
Unilever is launching a new ice brand called Culture Republick, claimed to be the first premium ice cream in the USA containing probiotics. The line, which is offered in 1 pint (473ml) tubs, is claimed to contain three billion live active cultures, between 400 and 500 calories, 16-18g of protein, 11-12g of fibre and no artificial sweeteners, and is being offered at a retail price of $3.99 to $4.99. Initially, …
Hindustan Unilever, the Indian arm of the Anglo-Dutch multinational, has announced the acquisition of the ice cream brand Adityaa Milk from Vijaykant Dairy for an undisclosed sum. The firm said the proposed acquisition was in line with its strategic objective of strengthening its position in the rapidly growing ice cream and frozen dessert market in India. Incorporated in September 2004, Adityaaa Milk is described as a fast-growing brand with origins …
Consumer goods giant Unilever has signed an agreement to acquire a 75% stake in the Italian personal care and wellbeing business Equilibra. Founded in Italy in 1987, Equilibra is a natural health & beauty firm using plant-based ingredients with functional benefits such as aloe, shea (karite), argan and almond. Its product range includes skin and hair care products, as well as nutritional supplements. Unilever said Equilibra would be run as …
FMCG multinational Unilever has announced plans to build a new personal care plant in Palmira, Colombia for brands such as Tresemme, Dove and Sedal, according to a report in Dinero. The decision comes a year after Unilever acquired Quala’s personal hygiene unit, which includes brands such as Savital and Savile hair care and skin cleansing products, male hair care and hairstyling brand eGo, hair care brand Bio-Expert, oral hygiene brand …
Consumer goods giant Unilever has announced it is to invest $120 in Pakistan over two years as it seeks to unlock “the country’s high potential for long-term growth”. The Anglo-Dutch giant said the majority of the investment would be used to enhance manufacturing operations across Unilever’s four factories in Pakistan. “We have been a part of Pakistan’s growth for nearly 70 years, during which time we have seen our business grow …
Unilever, the FMCG multinational, has announced that it has received a undisclosed offer from Dr. Oetker, the German pizza, desserts and culinary aids firm, to acquire its Alsa baking and dessert business. Alsa, which was acquired by Unilever in 2010, manufactures over 50 baking products for the French market including pastry aids, recipe mixes and jams for cake fillings. Commenting on the announcement, Didier Muller, general manager Dr. Oetker France, said: …
Ice cream maker Ben & Jerry’s, a subsidiary of FMCG multinational Unilever, has announced the launch of Moo-phoria, a range of ice cream that is described as low in both calories and fat. Advertised as ‘ice cream without compromise’, the Moo-phoria line is available in the USA in the varieties Chocolate Milk & Cookies, Caramel Cookie Fix and PB Dough, while in the UK the brand is being launched in the …
Multinational consumer goods firm Unilever has signed an agreement to acquire Romanian ice-cream producer Betty Ice for an undisclosed amount. Founded in 1994 by entrepreneur Vasile Armenean and with a total turnover of €30 million ($37 million), Betty Ice operates a manufacturing facility in Suceava as well as more than 180 ice-cream kiosks, employing 760 workers in Romania. Betty Ice sells ice cream positioned as standard, premium and super-premium with …
Unilever, the Anglo-Dutch consumer goods giant, has confirmed that it is to close its factory in Norwich, in a shakeup of its UK manufacturing operations. The closure of the factory was first mooted when soft drinks firm Britvic announced that it would be axing its own factory on the same site. At the time, Unilever said that the move would have “serious implications” for its own operations there, due to the …
FMCG giant Unilever has announced that it has reached an agreement to acquire US based personal care company Schmidt’s Naturals for an undisclosed sum. Schmidt’s Naturals is an Oregon-based company that produces personal care products such as deodorant, bar soap and toothpaste. According to a Unilever press release, Schmidt’s Naturals aims to make natural products accessible to everyone and produces award-winning deodorant formulas derived from plants and minerals. “Schmidt’s Naturals …
Anglo-Dutch FMCG giant Unilever has completed the long-awaited sale of its spreads business, having secured a deal worth €6.825 billion ($8.04 billion) on a cash-free, debt-free basis with investment firm KKR. Unilever’s Spreads business includes brands such as Becel, Flora, Country Crock, Blue Band, I Can’t Believe It’s Not Butter, Rama and ProActiv. It operates across 66 countries and had a turnover of €3.032 billion ($3.57 billion) in 2016. Commenting on the move, …
Unilever, the FMCG multinational, has announced the expansion of its personal care portfolio with the acquisition of New York, USA based toiletries firm Sundial Brands for an undisclosed sum. Announcing the move in a statement, Unilever said that the move would “accelerate[] […] category growth by addressing under-served needs of multicultural and millennial consumers”. Founded in 1991, Sundial Brands manufactures haircare and skincare products predominantly focusing on the needs of consumers …
FMCG giant Unilever is selling its Drie Hoek brand of natural household cleaners to the Dutch firm Marcel’s Green Soap, led by former Unilever executive Marcel Belt. Drie Hoek is a traditional ‘green’ soap brand dating back over 100 years and is primarily sold in the Netherlands. Described as being made from plant ingredients such as linseed and rapeseed oil, Drie Hoek cleaners come in liquid and solid forms and …
Anglo-Dutch consumer giant Unilever has announced an agreement to acquire the Tazo tea brand from Starbucks for $384 million. According to a company statement, Tazo had sales of $112.5 million in the past year and enjoys a strong position in specialty black, green and herbal teas, as well as liquid concentrates such as chai latte. “With its strong appeal to millennials, Tazo is a perfect strategic fit for our US …
Confectionery and nut butter firm Ferrero is to partner with FMCG multinational Unilever to bring the Kinder chocolate brand to the ice cream category, according to a report in La Stampa. Under the terms of the agreement, Ferrero will license the Kinder brand to Unilever, who in turn will take responsibility for production and distribution. The brand range will reportedly be launched in cup, stick, cone and sandwich formats, with …
Britvic, the UK-based soft drinks firm, has announced that it is proposing to close its manufacturing site in Norwich, UK , “following a detailed review of our manufacturing sites and distribution network”. The firm said the closure, which is set to take place “towards the end of 2019”, would “improve the efficiency and productivity of our manufacturing operations”. Production of Robinsons cordial and Fruit Shoot children’s soft drinks are to …
FMCG multinational Unilever has announced the acquisition of Brazilian natural and organic food business Mae Terra for an undisclosed amount. Founded in 1979, Mae Terra manufactures organic foods and healthfood products, with a portfolio of more than 120 products including organic cereals, cookies, snacks and culinary products. “Growing at over 30% per year, Mae Terra has a strong brand equity and a clear purpose of making nutritious food accessible to …
Unilever, the global FMCG firm, has announced that it is to buy South Korean skincare and cosmetics firm Carver Korea in a €2.27 billion deal. Founded in 1999, Carver Korea originated as an aesthetics company supplying professional products to beauty salons, and is now said to be the fastest-growing skincare business in South Korea, through sales of its brand AHC. The AHC portfolio includes essences, toners, moisturisers, masks, and sun protection, including …
FMCG multinational Unilever has launched Lipton Wellness, a new range of tea described as being made with botanicals and blended with essential oils. The new range, which is being launched in the US, comes in five varieties: Stress Less, a herbal infusion made of cinnamon, chamomile and lavender; Detox, featuring dandelion, nettle and grapefruit; Soothe Your Tummy, with ginger, peppermint and fennel; Bedtime Bliss, featuring chamomile, mint and orange peel; …
FMCG multinational Unilever has announced that it will acquire Remgro’s interest in Unilever South Africa, exchanging it for the Unilever South Africa spreads business and a cash transaction. According to Unilever, the company is buying a 25.5% stake from Remgro in Unilever South Africa Holdings (Pty) Ltd in exchange for the Unilever spreads business in Southern Africa and a sum of 4.9 million ZAR ($371 million), which represents a deal …
FMCG multinational Unilever has announced the acquisition of UK-based organic herbal tea and supplement company Pukka Herbs for an undisclosed amount. Pukka Herbs is described as producing herbal teas made with 100% certified, organic and ethically sourced ingredients. The firm has a turnover of over £30 million ($40 million) and is currently recording growth of around 30%. Unilever said that the acquisition would allow Pukka Herbs to scale, while also …
Unilever, the FMCG giant, has announced that it is to buy Australian ice cream maker Weis for an undisclosed sum. Weis is described as a second-generation Australian ice cream and frozen dessert manufacturer with a variety of ice cream formats including single bar, multi-pack bars, dairy-free sorbet tubs and frozen yoghurt tubs. Unilever said that these products would continue to be made in the firm’s factory in Toowoomba, Queensland post …
Zwanenberg, a Netherlands-based food and drink manufacturer, is to buy a plant owned by FMCG multinational Unilever via a new “strategic partnership” announced by the two firms. As a result of the agreement, Zwanenberg said it intended to transfer around 18,000 tonnes of its preserved meat production to the facility in Oss, Netherlands, which manufactures meat, sauce and soup products, by 2019. The firm said that production of preserved meat …
Unilever, the FMCG giant, has announced that it has signed an agreement to acquire Hourglass Cosmetics, a US-based manufacturer of colour cosmetics. Hourglass Cosmetics, which markets eye, lip and facial cosmetics, as well as the skincare brand Equilibrium, was founded in 2004 and promotes itself as being “at the revolutionary intersection of science, beauty and luxury”. The firm is “known for innovation, luxe packaging and exceptional product experience” and “acclaimed …
FMCG multinational Unilever has announced the investment of $500 million over the next five years to expand in Indonesia. The investment is planned to be used to increase production capacity at the company’s nine factories across Indonesia. The spend will be mainly used to focus on home and personal care, as well as food and refreshments, according to information. A growing economy is one of the reasons cited by the …
FMCG multinational Unilever has announced that it has reached an agreement to acquire personal care and home care brands of Latin American consumer goods firm Quala. With a combined turnover of over $400 million in 2016, Quala’s portfolio includes leading local brands such as haircare and skin cleansing brand Savital/Savile, male haircare and styling brand eGo, haircare brand Bio-Expert, oral care brand Fortident and fabric conditioner brand Aromatel. Unilever’s CEO …
FMCG giant Unilever is introducing a range of limited edition bottles under its personal care brand Dove as part of a marketing campaign to reinforce the brand’s celebration that beauty comes in many shades and shapes. The idea of the Real Beauty Bottles campaign is to allow women to buy the bottle that best mimics their body shape. “Every woman’s version of beauty is different, and if you ask us, these …
FMCG multinational Unilever has announced the purchase of start-up company Sir Kensington’s, a condiment firm based in New York. Sir Kensington’s is described by Unilever as a pioneer and leader in condiments sold in the organic and natural marketplace, producing premium mustard, ketchup, mayonnaise and also a vegan mayonnaise called Fabanaine, made from aquafaba. Kees Kruythoff, President of Unilever North America said: “Sir Kensington’s is an innovative business with outstanding products …
Unilever, the Anglo-Dutch FMCG giant, has announced that it is looking to sell its margarine and spreads division, confirming recent speculation that such a move might be on the cards. The unit, which includes brands such as Flora, Bertolli and Stork, could fetch as much as $6 billion in a sale, according to analysts. The move is seen as part of a wider review of Unilever’s structure and operations following …
Unilever, the Anglo-Dutch consumer goods giant, is contemplating the sale of its margarine and spreads division, including brands such as Flora, Bertolli and Stock, according to reports in the British media. In an article, the Telegraph suggests that a number of suitors, including Kraft Heinz as well as private equity firms, would be willing to pay up to £6 billion ($7.48 billion) to acquire the division, which generates around £480 …
Kraft Heinz, one of the world’s largest food and beverage firms, has decided to step back after FMCG giant Unilever rejected its merger offer on Friday. The takeover, that would have created the second largest FMCG multinational in the world Nestle, has been “amicably withdrawn”, according to a joint statement between the two companies. According to the same statement: “Unilever and Kraft Heinz hold each other in high regard. Kraft …
Kraft Heinz, one of the world’s largest food and beverage firms, has offered $143 billion deal to merge with Anglo-Dutch FMCG multinational Unilever. Unilever has reportedly rejected the deal, saying that the offer of $50 per share undervalued the company. A Kraft Heinz spokesman is meanwhile reported as saying: “We look forwards to working to reach agreement on the terms of a transaction”. According to recently-released financial statement, Kraft Heinz reported net sales …
FMCG multinational Unilever has opened a manufacturing plant at Dubai Industrial Park through an investment of 1 billion DHS ($272 million). According to a report in Sustainable Brands, goods produced at the new plant will have the “Made in UAE” label and 80% of production will be exported to the Europe and MENA regions. The 100,000 sq m plant is described as the largest of its kind in the region …
FMCG giant Unilever has announced that it has signed an agreement to acquire haircare specialist Living Proof for an undisclosed sum. Describing Living Proof as an “innovative premium hair care business renowned for solving hair problems through the use of breakthrough science”, Unilever said that the firm would be added to its own Prestige portfolio, which includes brands such as Dermalogica, Kate Somerville, Murad and REN. Living Proof is described as having …
FMCG multinational Unilever is expanding further into laundry services with the launch of an online launderette platform in Brazil under its Omo detergent brand. Named Omo Express, the new service is promoted with the tagline “The best way to do your laundry? Don’t do it” and offers a “professional” online launderette service including pickup and delivery. Initially operating in the greater Sao Paulo area only, Omo Express offers packages including …
Unilever, the consumer goods giant, has announced its intention to consolidate the entirety of its Food R&D operations in northern Europe into a single combined global Foods Innovation Centre in Wageningen, Netherlands. Existing operations in Vlaardingen (Netherlands), Heilbronn (Germany) and Poznan (Poland) will be co-located in the new centre, Unilever said, with the Vlaardingen site set to close over time. “By co-locating R&D resources of our categories (Home Care, Personal Care, Foods & …
Unilever, the FMCG multinational, is broadening its Knorr portfolio in the UK with the launch of dried meal kits under the name Naturally Tasty!, according to a report in Talking Retail. Promoted as “full of natural ingredients”, Knorr Naturally Tasty! Dried Meal Kits are said to be free from artificial colours, flavours and preservatives. Packs provide a “shopping list” of ingredients that consumers need to buy to prepare the complete meal. …
FMCG giant Unilever has announced that it has agreed to acquire Seventh Generation, a US-based producer of natural household and personal care goods. Seventh Generation is a manufacturer of plant-based household products including soaps, detergents and baby toiletries, and reported turnover of $200 million in 2015. Commenting on the news, Unilever North America president Kees Kruythoff said: “We’re thrilled to add Seventh Generation to our brand portfolio, providing us with …
FMCG giant Unilever is in discussions to buy ecological home and personal care firm Honest Co for around $1 billion, according to a report in the Wall St Journal quoting “people familiar with the matter”. Co-founded by actress Jessica Alba, Honest Co makes products such as disposable nappies, household cleaners and personal care and beauty products and has reportedly gained popularity with young mothers in particular. The company sells the …
In a bid to exapnd into new channels, FMCG multinational Unilever has entered a partnership with dry-cleaning start-up ZipJet through its Persil laundry detergent brand. According to reports in Campaign Live and Marketing Week, the partnership will allow the FMCG giant to put the Persil brand on ZipJet’s uniforms and clothing bags. In addition, consumers will be offered a Persil Wash & Fold service through which clothes are washed with …
Multinational consumer goods company Unilever has announced that it will acquire Dollar Shave Club, a manufacturer of male grooming products. According to Forbes, Unilever will pay $1 billion in cash for the US razor company, which offers direct-to-consumer monthly subscriptions of inexpensive razors, aiming to eliminate the overheads of bricks and mortar stores and pass the savings on consumers. Since becoming established, the company has expanded from razor blades to shaving …
Unilever has announced the sale of its AdeS soy beverage business in Latin America to Coca-Cola FEMSA and The Coca Cola Company for $575 million. Commenting on the deal, Unilever EVP Miguel Kozuszok said: “This sale is a step in reshaping our portfolio in Latin America to deliver sustainable growth for Unilever and enables us to sharpen our focus. AdeS is an iconic brand and we believe that its potential can be …
Leading FMCG multinationals Unilever, Henkel and L’Oreal are among the first-round bidders for US haircare firm Vogue International, according to sources quoted in a Reuters article. Founded in 1987 and headquartered in Clearwater, Florida, Vogue International sells and distributes hair care and other personal care products to to major retailers, primarily through the food, pharmacy and mass channels of distribution, both domestically throughout the US and globally in 38 countries. Vogue’s branded products include the …
The Australian arm of FMCG multinational Unilever has launched a green tea said to have been blended “to remove any bitter aftertaste”. According to an article in Australian Food News, the new Lipton Delicately Fresh Green Tea was developed following consumer research that revealed consumers tended to avoid green tea due to the often bitter after-taste. The new launch “is uniquely blended with steamed Green Tea leaves, to give your …
Unilever has unveiled a new line of Knorr barbecue sauces for the German market under the Grillsaucen Der Welt (Barbecue Sauces Of The World) name. The products are recommended as a dip, a marinade or as an accompaniment to grilled meats and are said to have been inspired by the barbecue tradition in Australia, Brazil, Japan and the United States. The line comprises an Australian Sweet Roast Sauce, said to give …
Unilever has announced the launch of its first non-dairy offerings under the Ben & Jerry’s brand. The new vegan ice creams, first rumoured to be in development last June, are based on almond milk and will be rolled out to stores in the US over the next few weeks, according to an article in Time Money. A statement on the Ben & Jerry’s website reads: “You dared us to go …
FMCG Unilever posted a turnover increase of 10% in 2015, according to the company’s latest full year financial statements. Total sales for the year rose to €53.3 billion including a positive currency impact of 5.9%. The company also reported underlying sales growth of 4.1% “ahead of our markets”, with volume up by 2.1% and value up by 1.9%. The company reported especially strong growth in emerging markets, with underlying sales rising by 7.1%, …
Multinational FMCG firm Unilever has announced that it has sold the Motions, Just for Me, Consort, Groom & Clean brands, and African rights to the TCB brand, to the specialized multi-cultural hair care manufacturer, Strength of Nature. Georgia, USA based Strength of Nature markets a number of brands including Profectiv MegaGrowth, African Pride, Dream Kids, Beautiful Textures, Elasta QP, Soft & Beautiful, Soft & Beautiful Botanicals, Proline and TCB, the …
According to a report in Bloomberg, FMCG giant Unilever is expanding its Lipton brand with the launch of a new single serve tea-brewing machine system named TO by Lipton. The new machine has been developed in cooperation with appliance-maker Krups. Launched in France, the system consists of a tea brewing machine priced at €179 ($202) and packs of 10 capsules priced at around €3.90 ($4.40). Bloomberg reports that the launch …
The latest innovation insight from Gama Compass™ MANCHESTER – 20th August 2015: This week Gama takes a look at a new effort to innovate with fragrance in the soap market through the launch of a product that marries the aspirational appeal of premium perfumery with the durability of scent release technology – Caress Forever Body Wash. Touted as “the world’s first body wash with Fragrance Touch Technology”, Caress Forever Body Wash, which …
Unilever is investing R$600 million ($172 million) in a new plant and a distribution centre in Pernambuco, Brazil, according to a report in Diario de Pernambuco. The investment is said to be largest amount invested by the group in a new manufacturing complex in Brazil this year. Building work is reportedly scheduled to start next month and is estimated to be finished by the end of 2017. According to sources, …
Unilever South Africa has opened a 511 million ZAR ($41 million) expansion at its “state of the art” Indonsa factory in Durban, which is said to make it the group’s largest savoury factory by volume. FoodStuffSA reports the company as saying that investment at the plant, which was commissioned in December 2011, “increased the factory’s manufacturing capacity to 100 000 t, which would be fully utilised beyond 2020”. Unilever’s global …
Unilever is opening a store on the e-commerce platform JD.Com which will enable it to sell branded items to the Chinese market. In a statement, JD.com said that some of Unilever’s best-known health and beauty brands such as Ponds, Dove, Vaseline and Lux would be featured, including three product lines from Lux’s shampoo range that are currently the best-selling shampoo products in Japan. In the coming months, the range of …
US ice-cream manufacturer Ben & Jerry’s, part of the Unilever group, has confirmed the development of a range of non-dairy ice creams which are due to hit shelves next year. Without disclosing the exact flavours under development, the company said its aim was to maintain all the characteristics of its dairy flavours and to transfer them into a non-dairy alternative. “We’ve been working on this for quite a while, and …
FMCG multinational Unliever has opened its first retail outlet dedicated to its leading health & beauty brand Dove, according to a report in the Hamburger Abendblatt Located inside the German and Swiss headquarters of Unilever at Hafen City in Hamburg, the store will be the first of its kind to be open to the general public. With a surface area of more than 180 square metres, the Dove outlet will …
Unilever has expanded its offering under the Continental brand in Australia, with a range of “gourmet” ready meals. The dried ready meal range is claimed to include ingredients picked “when they’re in season, simply dried and then skilfully prepared by local Continental chefs”. “Drying is one of the oldest methods of food preservation,” said Julie Baylis, Head Chef at Continental. “It locks in the flavour and nutrients so foods can …
Consumer goods giant Unilever has detailed its global financial performance for 2014, revealing modest growth figures in what it described as “tougher markets”. Underlying sales rose 2.9%, although turnover declined 2.7% to €48.4 billion ($56.1 billion) including a negative currency impact of 4.6%, the company said. The firm reported a slowdown in growth in emerging countries, citing “economic pressures” which “impacted consumer demand”. Growth in these markets was 5.7% whilst …
Unilever has announced that it is to acquire the Camay brand globally and the Zest brand outside of North America and the Caribbean from The Procter & Gamble Company (P&G). The deal also includes the sale of P&G’s bar soap manufacturing facility in Mexico. The plant employs approximately 170 people who will transfer to Unilever at the completion of the deal, the company said. The two soap brands together had …
Unilever Spain & KH Loreda have finalised a long-term distribution agreement for the Unilever brands Cif and Domestos. Cif and Domestos are among Unilever’s key cleaning brands in the household care industry and are available in 50 countries across the globe. The new agreement takes effect from the 15th February 2015. The deal will allow KH Lloreda to increase its presence in the household care industry, the companies said in …
Unilever has announced that it has expanded its frozen dessert portfolio with the acquisition of the Minneapolis-based ice cream firm Talenti Gelato & Sorbetto. The purchase adds a complementary packaged gelato to the company’s ice cream category, joining brands such as Ben & Jerry’s, Breyers, Fruttare, Good Humor, Klondike, Magnum and Popsicle, Unilever said in a statement Talenti products are made from the finest ingredients and using artisanal production methods, …
It has been announced that Unilever has partnered up with daraz.pk, an online shopping portal, to become the country’s first online retail solution for consumers. According to Cosmetics Business, consumers will be able to purchase 66 of Unilever’s beauty and personal care products via the portal. The partnership is said to be an initiative which focuses on increasing revenue share from e-commerce. Pakistan has been identified as a high potential …
Unilever has unveiled a new initiative designed to reduce waste and generate sustainable power at its Ben & Jerry’s ice cream plant in the Netherlands. The result of two years of testing and trial runs, the company’s newly-developed machinery is claimed to take waste products from the ice cream manufacture process and convert these into energy. The BIOPAQ®AFR Biodigester – dubbed ‘The Chunkinator’ – is an anaerobic flotation reactor taking …
Unilever has unveiled its H1 financial results, revealing that its overall sales have been impacted by slow growth in its food businesses and in emerging economies, as well as declining prices in developed economies. The multinational posted total sales for the first half of 2014 of €24.1bn ($32.5bn), with underlying sales growth beneath analyst estimates at 3.7%. Speaking to Reuters, Unilever’s Chief Financial Officer Jean-Marc Huet commented: “Overall there’s a slowdown …
Unilever has announced that it has sold its weight-loss brand range Slim-Fast to the private equity firm Kainos Capital for an undisclosed sum. The transaction, which includes the Slim-Fast trademark and the global Slim-Fast business portfolio, will see Unilever retain a minority stake in the business, the company announced in a statement. The brand is sold throughout North America and in the United Kingdom and Ireland. The announcement comes a …
According to media reports, Mizkan Group has signed an agreement with Unilever to buy its North America pasta sauces business under the Ragu and Bertolli brands. The value of the transaction is expected to be approximately $2.15 billion. Kazuhide Nakano, Chairman and CEO Mizkan Holdings, said: “This transaction represents an important milestone in our global expansion strategy. We are confident that this transaction allows us to further achieve our objectives …
Gama spoke to Angels Solans, Managing Director, Unilever Food Solutions Spain. What are your day to day activities? At Unilever Food Solutions our goal is to help our clients develop and grow their business. A large part of my work centres on achieving this goal, ensuring that the innovative products we offer clients helps them in these objectives. All of our innovations are aimed at allowing our clients to improve …
Jack Link’s Beef Jerky has entered into an agreement to acquire Unilever’s meat snacks business for an undisclosed amount, with the transaction expected to close at the end of March. According to Food Business News, the acquisition includes the European brands Bifi, Benelux and Peperami as well as Unilever’s meat snacks manufacturing plant in Ansbach, Germany. Troy Link, chief executive officer of Jack Link’s commented that: “Jack Link’s mission is …
Unilever is extending its range of seasoning products with the launch of a new Knorr Flavour Pots range, FDIN reports. Backed by a £3.5 million ($5.8 million) marketing campaign, the new range of seasoning paste is being launched in Mixed Herbs, Three Peppercorn, Curry, Garlic and Mixed Chillies flavours and is described as using the same patented “jelly technology” developed for two existing Knorr products – Stock Pots and Gravy Pots. …
Unilever has announced the launch of whitening toothpaste specially designed for men. An extension to the Signal White Now range – which uses a blue pigment and a special optical effect claimed to make teeth instantly whiter – the new Men version, said to be a world first, will be backed by the slogan “having a beautiful smile guarantees both professional and personal success.” According to Premium Beauty News, Unilever …
Unilever has announced its results for Q4 2013, revealing overall sales growth of 4.1%, with 2.7% volume and 1.4% price. Results for the quarter were particularly strong in emerging markets, which saw an increase in sales growth of 8.4% and volume at 5.3%. CEO Paul Polman said: “We have delivered another year of consistent underlying sales growth and margin expansion coupled with strong cash flow. This has been achieved despite …
Unilever is set to launch new ranges of fruit and green tea under the PG Tips brand. The PG Tips brand is to see the launch of a new range of herbal and fruit teas in an attempt to tap into a growing market. Available from January, the new range will include green teas including Vibrant Mandarin & Orange and Jasmine, and herbal teas such as Redbush & Vanilla. The …
Unilever is reported to be contemplating the sale of its Slim Fast weight loss range. Quoting Sky News, The Courier is reporting speculation that Unilever may be contemplating selling off the weight loss range for around £1bn (US$1.7bn) as it seeks to refocus on its core brands. However such a figure would represent a loss for Unilever which bought the Slim Fast meal replacement shakes and bars in 2000 for …
Unilever has developed a campaign to “motivate people to live sustainably”, according to Just Food. “Project Sunlight aims to galvanise and build momentum behind a movement that is already happening. We know people all over the world want to adopt more sustainable behaviours, but need these to be easy and to fit with the way they live their lives. As a global consumer goods company, we have the means to …
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