Unilever has revealed that German food manufacturer Dr. Oetker has made a binding offer to buy its Alsa baking and dessert business for an undisclosed price. Asla, which was acquired by Unilever in 2010, manufactures flan mixes and baking powder among other products. Unilever revealed that the transaction with Dr. Oetker would include Asla’s manufacturing plant in Ludres, France. Of… Read more »
In the conclusion of an investigation from back in 2013, Italy’s antitrust agency AGCM has fined Unilever over €60mn for ice cream market abuse. Italy’s antitrust agency AGCM has imposed a fine of over €60mn on the Italian arm of the world’s biggest ice cream maker, Unilever, for ‘abuse of its dominant position in Italy’s ice cream market’. Amongst the… Read more »
Unilever has agreed to acquire Australian ice cream business Weis – the maker of the iconic Fruito Bar – for an undisclosed sum. The deal sees Unilever continue to develop its ice cream range around the world, with Weis joining other Unilever brands such as Grom, Ben & Jerry’s and Talenti, which Unilever acquired in December 2014. Unilever Australia & New… Read more »
British-Dutch multinational company Unilever is reportedly planning to divest certain food brands from its consumer goods portfolio for £6bn.
Think of Kraft Heinz’s assault on Unilever as a slap in the face for management. It was short-lived, shocking, and will smart for a good while yet.
Unilever has announced that it will invest undisclosed amount to establish a new global foods innovation center in the Netherlands.
Unilever has rolled out a series of frozen ice cream innovations in the US across five of its best-known ice cream brands, including Klondike, Magnum and Popsicle.
PureCircle, the world’s leading producer and marketer of high purity stevia ingredients, has announced the recruitment of its new Chief Financial Officer, Mr. Rakesh Sinha. Sinha will replace current CFO, Mr. William Mitchell who previously announced his retirement. Sinha will join the Company from Unilever where across his 17 year career he has held a number of senior finance and… Read more »
In order to help CGF members implement the new resolution, an implementation plan has been developed. The plan includes key steps that will help develop a baseline, monitoring and public reporting mechanisms, communication and engagement plans and implementation toolkit.
Archer Daniels Midland Company has signed a joint business development plan (JBDP) to continue to grow its relationship as an oils and fat supplier for Unilever in Europe, North America and Africa.