All articles tagged with #unilever
Unilever announced an agreement to acquire Grüns, a leading US greens supplement brand founded in 2023, as part of a push to grow its premium Wellbeing portfolio in the US. Terms were not disclosed and the deal is expected to close later this year subject to regulatory approvals. Grüns, a digitally native brand with a strong retail and DTC footprint and a growing product line, will join Unilever’s Wellbeing business.
McCormick & Co. announced it will acquire Unilever's global seasoning business, expanding its spice-and-flavor portfolio and international reach. The deal, expected to close after regulatory approvals, will add established seasoning brands to McCormick’s lineup and strengthen its position in the growing flavors market.
Unilever and McCormick announced a deal to merge Unilever’s Foods business with McCormick, creating a $20 billion global flavor powerhouse; post‑completion, Unilever will become a pure‑play HPC company, while the combined portfolio will include iconic brands like Knorr and Hellmann’s and growth brands such as Cholula, Maille and Frank’s.
Unilever will merge its food arm with McCormick in a $44.8 billion deal, giving Unilever 65% of the new company and McCormick running the global business; the lineup includes Knorr, Pot Noodle, Hellmann’s, French’s, Old Bay and Cholula, with about $600 million in annual cost savings expected by year three. Some Unilever food operations (e.g., India) won’t join, while Unilever’s remaining business focuses on beauty/personal care/home; a European listing is planned; the deal is structured as a Reverse Morris Trust to be tax-free in the US, and shares moved modestly after the announcement.
McCormick is in talks to buy Unilever’s food business, a deal Barclays analysts value at over $30 billion, a move that would dramatically boost its global condiment and cooking-aid portfolio after past acquisitions like Frank's RedHot, French's, and Cholula, though financing and execution remain key hurdles in a tougher market.
Unilever is negotiating a multibillion-dollar sale of its food division to McCormick, including Marmite, Hellmann’s, Knorr and Pot Noodle, as it pivots toward beauty and personal care; the deal could use a Reverse Morris Trust and be funded with stock and cash, with Unilever possibly taking a minority stake, but there is no certainty a deal will close.
Unilever is in discussions to merge its foods business with McCormick in an all-stock deal, potentially reshaping the group to focus on beauty, personal care and home products; the talks are not guaranteed, and Unilever has signaled a shift away from food in recent years.
Unilever has updated its laundry detergents to better remove modern stains like matcha, Aperol, and bubble tea, which are increasingly common among Gen Z due to changing lifestyles and food trends. The company’s new stain index highlights these emerging stains, prompting reformulation of products like Persil and Surf to address these colorful and stubborn marks, reflecting evolving consumer habits and social media influences.
Ben Cohen, co-founder of Ben & Jerry's, claims that Unilever blocked the company from launching a Palestine-themed ice cream flavor to express solidarity with Palestine. Cohen plans to independently create a watermelon-flavored sorbet symbolizing Palestinian solidarity, highlighting ongoing disputes over the company's social activism and independence following Unilever's control. The controversy underscores tensions between corporate ownership and social mission commitments.
The article argues that the era of corporate social responsibility is over, highlighting how major companies like Ben & Jerry's are silencing their activism due to political pressures and corporate interests, exemplified by conflicts with Unilever and the broader trend of corporations avoiding controversial issues amid rising authoritarianism.
Ben & Jerry's co-founder Jerry Greenfield resigned after 47 years, accusing Unilever of silencing their activism and undermining the brand's social justice values, highlighting tensions between the company's social mission and corporate interests.
Ben & Jerry’s co-founder Jerry Greenfield is leaving the company after 47 years, citing the loss of its independence to speak out on social issues due to its parent company Unilever’s restrictions, amid ongoing tensions over the brand’s political activism and recent corporate restructuring.
Ben & Jerry's co-founder Jerry Greenfield resigned due to disagreements with Unilever over the company's social activism and independence, highlighting ongoing tensions since Unilever's acquisition in 2000. Greenfield criticized the company's silencing of social issues, and the founders have been pushing for the sale of the company to preserve its social mission, amid a broader conflict over control and values.
Ben & Jerry's co-founder Jerry Greenfield is leaving the company after 47 years due to concerns that its independence and social activism efforts have been compromised by its parent company Unilever, which has recently spun off its ice cream business amid ongoing conflicts over social and political issues.
Jerry Greenfield, co-founder of Ben & Jerry's, has resigned citing the loss of political independence amid conflicts with Unilever over Israel and domestic political issues, emphasizing the importance of standing up for justice and values.