Unilever to acquire Sir Kensington’s
Englewood Cliffs, NJ: Unilever announced today that it has signed an agreement to acquire Sir Kensington’s, a New York-based condiment maker.
Sir Kensington’s is a mission-driven company and a pioneer and leader in condiments sold in the organic and natural marketplace. Having seen strong growth the past four years, the product line now includes award-winning mustard, ketchup, mayonnaise and a ground-breaking vegan mayo made from aquafaba called Fabanaise™. Launched in 2010, Sir Kensington’s is dedicated to using the finest, sustainably sourced ingredients. Sir Kensington’s mission, and its products, align with Unilever’s vision to make sustainable living commonplace and will complement the company’s current portfolio of products in its Foods & Refreshment category.
“We are excited to bring Sir Kensington’s into the Unilever family. Their mission to bring ‘integrity and charm to ordinary and overlooked food’ is very much in line with our Unilever Sustainable Living Plan,” said Kees Kruythoff, President, Unilever North America. “Sir Kensington’s is an innovative business with outstanding products and a leader in the organic and natural marketplace. We look forward to leveraging our joint understanding of food trends and consumer preferences to significantly grow the business.”
Matthew McCarthy, Vice President of Foods & Refreshment, Unilever North America, added: “Sir Kensington's is a beautiful brand. The acquisition aligns perfectly with our global Sustainable Nutrition strategy, moving us forward on our mission to delight consumers, produce delicious food with less impact on the environment and promote nutritious cooking.”
Unilever continues to support a transforming food industry by committing to produce food that tastes good, does good and doesn’t cost the Earth.
“We’re honored to partner with such a progressive and purpose-driven company in this next chapter,” said Mark Ramadan, CEO & Co-Founder, Sir Kensington’s.
Scott Norton, Co-Founder, Sir Kensington’s, added: “Working with Unilever will allow us to more rapidly expand distribution while holding true to our values as we help define the next generation of good food.”
Co-Founders Mark Ramadan and Scott Norton will continue in their roles at Sir Kensington’s.
Terms of the deal were not disclosed. The deal is expected to close in the next few weeks.
About Unilever North America
Unilever is one of the world’s leading suppliers of Food, Home Care, Beauty & Personal Care and Refreshment products with sales in over 190 countries and reaching 2.5 billion consumers a day. In the United States and Canada, the portfolio includes brand icons such as: Axe, Becel, Ben & Jerry’s, Breyers, Caress, Country Crock, Degree, Dollar Shave Club, Dove, Good Humor, Hellmann’s, I Can’t Believe It’s Not Butter!, Klondike, Knorr, Lipton, Magnum, Nexxus, Noxzema, Pond’s, Popsicle, Q-tips, Seventh Generation, Simple, St. Ives, Suave, Talenti Gelato & Sorbetto, TIGI, TRESemmé and Vaseline. All of the preceding brand names are trademarks or registered trademarks of the Unilever Group of Companies.
Unilever employs more than 9,000 people across North America – generating more than $10 billion in sales in 2016.
The Unilever Sustainable Living Plan commits to:
- Helping more than a billion people take action to improve their health and well-being by 2020.
- Halving the environmental impact of our products by 2030.
- Enhancing the livelihoods of millions of people by 2020.
Unilever ranked number one in its sector on the 2016 Dow Jones Sustainability Index.
For more information on Unilever U.S. and its brands visit: www.unileverusa.com
For more information on Unilever Canada and its brands visit: www.unilever.ca
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About Sir Kensington’s
Sir Kensington’s makes condiments with character. With a mission to bring integrity and charm to ordinary and overlooked food, Sir Kensington's has become an integral offering in the nation’s leading progressive retailers and restaurants. Their products can be found in Whole Foods nationwide, and leading restaurant groups such as Sweetgreen and Bareburger.
Sir Kensington’s believes that condiments are food too. Their award-winning portfolio includes Ketchup, Mayonnaise, Mustard, and a groundbreaking vegan mayo called “Fabanaise,” the first commercial product ever made from aquafaba. Each product is nutritionally conscious, uncompromisingly delicious, and Non-GMO Project Verified.
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