Saudi Arabia: Unilever expands Omo production
Unilever, the global consumer goods giant, has expanded its home care manufacturing capabilities in Saudi Arabia with the inauguration of a new production line for its Omo liquid detergent brand at its Jeddah facility. The new state-of-the-art line has been installed at the Binzagr Unilever Limited (BUL) factory and will serve as a key regional […]
Indonesia: Unilever to divest tea business for $89 million
Unilever Indonesia, the local arm of the British consumer goods giant, has reached an agreement to sell its tea business to PT Savoria Kreasi Rasa, a subsidiary of the Indonesian conglomerate Djarum Group. The deal, valued at 1.5 trillion IDR ($89.4 million), includes the divestment of the SariWangi brand, which Unilever originally acquired in 1989. […]
Poland: Unilever to invest €20 million in Poznan food plant
Unilever, the British multinational consumer goods group, has announced an investment of 90 million PLN ($22.7 million) to expand its food production facility in Poznan, Poland. The investment is directed at the site’s “Dry Foods” department and aims to increase production capacity for the company’s food brands, including Knorr, Hellmann’s and Amino. The project involves […]
UK: Unilever sells Graze brand to Katjes International
FMCG giant Unilever has agreed to sell its UK healthy-snacking brand Graze to Katjes International – owner of confectionery group Candy Kittens – marking a strategic exit from parts of its foods portfolio. Under the deal, Katjes (via its UK subsidiary Future Snacks Ltd) will acquire 100 % of Graze’s shares, including its full product […]
Venezuela: Unilever finds buyer for ice cream business
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 […]
USA: Unilever to acquire Dr. Squatch
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 […]
Netherlands: Unilever to sell The Vegetarian Butcher to Vivera
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 […]
Brazil: Unilever invests R$265 million in deodorant plant
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 […]
UK: Unilever to close ice cream facility in Bulgaria
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 […]
India: Hindustan Unilever acquires beauty brand Minimalist
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 […]