Germany: Unilever to sell Tomato al Gusto and Speciale al Gusto brands
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, […]
Netherlands: Unilever to sell Unox and Zwan brands
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 […]
Netherlands: Paulig reaches deal to acquire Conimex from Unilever
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 […]
UK: Unilever invests £40 million to consolidate condiment production
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 […]
USA: Unilever invests in supplements business Create Wellness
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 […]
UK: Unilever to spin-off ice cream business
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 & […]
USA: Unilever boosts production capacity for drinks brand Liquid IV
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 […]
Brazil: Unilever invests in mayonnaise production
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 […]
USA: Unilever to acquire haircare brand K18
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, […]
USA: Unilever to sell Elida Beauty business
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 […]