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Unilever announces completion of the sale of its Tea business, ekaterra, to CVC Capital Partners Fund VIII
London/Rotterdam - Unilever today announced that it has completed the sale of its Tea business, ekaterra, to the CVC Capital Partners Fund VIII. Unilever and CVC had entered into an agreement for the sale of ekaterra in November 2021, for €4.5 billion on a cash-free, debt-free basis; expecting to close in H2 2022.
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Unilever reaches new business arrangement for Ben & Jerry’s in Israel
Unilever today announced it has reached a new arrangement for Ben & Jerry’s in Israel which will ensure the ice cream stays available to all consumers.
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Unilever and Geno launch $120m venture to scale alternative ingredients
LONDON, UK and SAN DIEGO, California - Today Unilever and Genomatica (Geno), a leader in biotech and sustainability, have launched a venture to scale and commercialise alternatives to palm oil and fossil fuel-derived cleansing ingredients. These are integral to the formulations of thousands of everyday cleaning and personal care products. With growing demand for sustainably-sourced palm oil, this venture aims to deliver additional responsibly sourced palm oil alternatives to the market.
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Appointment of Non-Executive Director
London - Unilever PLC today announces the appointment of Nelson Peltz as a Non-Executive Director of the company and as a member of its Compensation Committee.
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Unilever to acquire majority stake in Nutrafol
London – Unilever announced today that it has signed an agreement to acquire a majority stake in Nutrafol, a leading provider of hair wellness products. Unilever currently holds a minority stake (13.2%) in Nutrafol through Unilever Ventures.
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Regenerative agriculture transition to be accelerated through new impact fund
Paris/London - Today, worldwide insurance and asset management company AXA, global consumer goods company Unilever, and global alternative asset management group Tikehau Capital, have announced they have signed a Memorandum of Understanding outlining their ambition to create an impact fund dedicated to accelerating and scaling the regenerative agriculture transition.
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Unilever ‘warms up’ ice cream freezers to help tackle emissions
Unilever is launching two pilots to trial warmer ice cream freezer cabinets with an aim of reducing energy use and greenhouse gas emissions by approx. 20 – 30% per freezer
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Strong execution in challenging conditions
Today, we announced our results for the first quarter of 2022.
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Unilever announces new global principles for food marketing to children
Unilever today announced an update to its global principles for responsible marketing to children, raising standards for an increasingly digital world.
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Conny Braams warns Web3 can’t be tomorrow’s problem to solve
Braams states “the currency of Web3 is trust, not crypto”, warning “we must act now, before we need to react”
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SAP, Unilever pilot blockchain technology supporting deforestation-free palm oil
Walldorf/London — SAP and Unilever today announced a pilot of the GreenToken by SAP solution to further increase traceability and transparency in Unilever’s global palm oil supply chain.
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Startups and scaleups invited to partner on sustainable beauty solutions
The Unilever Foundry, Unilever’s collaborative innovation network, is today launching a new entrepreneurial challenge focused on sustainable beauty solutions, through the Positive Beauty Growth Platform.
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