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Unilever has on 25 July 2016 priced a dual-tranche $1.25 billion bond on the U.S. market. $550 million 1.375 per cent fixed rate notes are due 28 July 2021, with a further $700 million 2.0 per cent fixed rate notes due 28 July 2026. The bond offering is scheduled to close on 28 July 2016.
Today, Unilever announced its results for the first half of 2016, which show that the company is growing consistently and profitably despite a challenging environment.
London/Rotterdam – Unilever today announced that it has signed an agreement to purchase Dollar Shave Club®. Founded in 2012 and headquartered in Venice, California, Dollar Shave Club (DSC) has grown into a full male grooming business that has transformed the shaving category with its lifestyle brand empowering 3.2 million members. In 2015, DSC had turnover of US$152 million and is on track to exceed US$200 million in turnover in 2016. Terms of the transaction were not disclosed.
LES CAYES, HAITI - International Flavors & Fragrances Inc. and Unilever announced today a new partnership with leading non-governmental organizations to enhance the livelihoods of smallholder vetiver farmers in Haiti. The partnership, Vetiver Together, aims to sustainably improve food security, increase yields, and diversify income, while working to support women’s empowerment and environmental conservation.
London/Rotterdam – Unilever, one of the world’s leading suppliers of Personal Care, Foods, Home Care and Refreshment products, announces that it has signed an agreement with Coca Cola FEMSA and The Coca Cola Company to sell the AdeS soy beverage business in Latin America for an aggregate amount of US$ 575 million.
Dr Sara Saeed’s doctHERs project in Pakistan and projects from six other finalists receive financial and tailored mentoring support from Unilever Sustainable Living Young Entrepreneurs Awards and the Cambridge Institute for Sustainability Leadership
London/Rotterdam – Unilever’s Sustainable Living brands continue to show superior performance, as the company reports on the fifth year of progress of the Unilever Sustainable Living Plan. Consumers expect more of brands and businesses now – and they reward those that deliver a wider social benefit in addition to the traditional product performance at an affordable price.