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 …
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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 …
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