UK: Unilever announces sale of spreads business
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 […]
UK: Unilever weighing up sale of spreads division – reports
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 […]
USA: Kraft Heinz withdraws proposal to buy Unilever
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 The takeover, that would have created the second largest FMCG multinational in the world Nestle, has been “amicably withdrawn”, according to a joint statement between the two companies.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 […]
USA: Kraft Heinz proposes deal to merge with Unilever
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 […]
UAE: Unilever opens plant in Dubai
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 […]
USA: Unilever to acquire Living Proof haircare
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 […]
Brazil: Unilever launches Omo branded launderette service
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 […]
Netherlands: Unilever to centralize R&D operations
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 […]
UK: Unilever launces Knorr dried meal mixes
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 […]
USA: Unilever acquires Seventh Generation
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 […]