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The brands in the sale represented about 7% of Unilever's global business. [8] In January 2020 they purchased Violife, a brand of plant-based cheese. [9] Following falling margarine sales as consumers switched to butter, since summer 2020 the company focused more on the "plant-based" market, also claiming sustainability, to increase sales. [10]
Unilever. Unilever PLC is a British multinational fast-moving consumer goods company founded on 2 September 1929 following the merger of British soap maker Lever Brothers and Dutch margarine producer Margarine Unie. It is headquartered in London . The company's products include baby food, beauty products, bottled water, breakfast cereals ...
Kraft's offer was an 18% premium to Unilever's closing share price the day before the announcement, however Unilever Executives claimed the deal undervalued the company, [431] as well as job-cut implications and regulator approval issues. [432]
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LIPTON Teas and Infusions is a privately held company based in Amsterdam, Netherlands, that produces tea and other herbal drinks. Initially formed in 2020 as a distinct division named Ekaterra within Unilever, private equity firm CVC Capital Partners reached an agreement in November 2021 to purchase the business for €4.5 billion. [ 2]
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Henkel AG & Co. KGaA, commonly known as Henkel, is a German multinational chemical and consumer goods company headquartered in Düsseldorf, Germany.Founded in 1876, the DAX company is organized into two globally operating business units (Consumer Brands, Adhesive Technologies) and is known for brands such as Loctite, Persil, [2] Fa, Pritt, Dial and Purex.