Unilever is an international consumer goods company. Founded by Lever Brothers and dutch company Margarine Unie in the 1920s, Unilever is a public company, listed on the Euronext Amsterdam and London Stock Exchanges as UNA and ULVR respectively. The head offices for Unilever are located in Rotterdam, Netherlands and in London, England.
Unilever announced the fruits of its business review - convened after the company brushed off interest from Kraft Heinz - yesterday (6 April...
Front-of-pack nutritional labelling has long been a subject of fierce debate within the food industry - and between food companies and publi...
One talking point that emerged from Kraft Heinz's approach for Unilever was the companies' approaches when it comes to corporate responsibility and sustainability. Unilever is seen as being in the vanguard of developing a sustainable business; Kraft Heinz, with its emphasis on cost control and margin improvement, less so. But how far do investors care? In a guest column, Ravi Varghese of US sustainability non-profit Ceres challenges mainstream investor thinking that sustainability is a drag on efficiency.
Nestle, PepsiCo, Unilever and Kellogg are among the companies to have signed up to a global initiative aimed at improving food sourcing, reducing waste and supporting "adjustments" in food production methods to promote "healthy and sustainable diets". Ben Cooper looks at the Food Reform for Sustainability and Health (Fresh) programme, which has initially been backed by 25 companies.
Less than three days was all it took for Kraft Heinz's GBP112bn (US$139.1bn) takeover approach to Unilever to become public, be rejected and subsequently be taken off the table. The attempt is likely to have some significant and far-reaching consequences for Unilever. Here, just-food takes a look at the impact the episode could have on the Dove-to-Knorr manufacturer.
Kraft Heinz's takeover bid for Unilever came as something of a shock today – not least because of the seeming unlikely pairing of the 3G Capital-owned US group with the European food-to-personal care company. just-food asks whether the takeover offer should be taken at face value.
After shedding a series of food assets – and announcing earlier this month plans to quit spreads – Unilever’s longer-term strategy for the sector is always the subject of debate within the industry. This week, however, the consumer goods giant has made what is for the business a rare move: adding to its foods division through M&A. The Hellmann’s mayonnaise owner has bought fledgling US condiments maker Sir Kensington’s. Dean Best caught up with Sir Kensington’s co-founder Scott Norton to find out more.
In the second section of a two-part interview, R&R Ice Cream CEO Ibrahim Najafi speaks to Dean Best about how the UK-based company is navigating the challenges in its domestic - and still largest - market.
Hellmann's mayonnaise owner Unilever has acquired up-and-coming US condiments maker Sir Kensington's.
Unilever this morning (20 April) reported first-quarter organic sales that beat analyst expectations, helped in part by price-driven growth at its ice cream arm amid a flat performance from its food business.
Unilever is launching a new line of ready-to-bake liquid cake mixes under its Stork brand.
Unilever CEO Paul Polman confirmed today (6 April) the Flora maker is "seriously considering a de-merger or spin-off" of its spreads division as an alternative to selling the business.
Unilever this morning (6 April) announced plans to "exit" the spreads category and part with its struggling Flora-to-Becel division, one of a series of ways the consumer goods giant believes it can "transform" the business and improve returns for shareholders.
Unilever has signed an agreement with the Alibaba-backed Lazada Group to "build the e-commerce industry's first end-to-end alliance", a move the Knorr maker said would "generate rapid growth for both businesses" across south-east Asia.
Unilever is introducing Hellmann's mayonnaise brand to France in a launch aimed exclusively at the country's foodservice sector.
Food giant Unilever has joined a Dutch government-backed research project in the Netherlands aimed at creating a "new generation" of meat substitute products.
Unilever is reportedly preparing a GBP6bn (US$7.5bn) sale of its spreads business, which manufactures margarine under the Flora and Stork brands.
Unilever is reportedly mulling whether to implement more aggressive cost cuts, look for larger-scale M&A and return cash to shareholders as part of a review of its business instigated in the wake of Kraft Heinz's failed pursuit of the business.
Unilever, which last month rebuffed a proposed takeover offer from Kraft Heinz, wants UK takeover regulations to provide "a level playing field" for what it calls "national champions".
One of the six food and beverage heavyweights aiming for the introduction of "harmonised" nutrition labels across the EU has said the companies would want to "integrate" information on portion sizes into the labels already used on packaging in the UK.
Nestle, Unilever and PepsiCo are among the food companies that are to work on devising colour-coded nutrition labels to put on products on sale in the EU.
Antitrust authorities in South Africa have said there is no further action to be taken against fats and oil supplier Sime Darby, over its activities involving alleged collusion with Unilever in the manufacture and supply of edible oils and margarine.
Commenting on topics as diverse as sugar reduction, job cuts and M&A, here is a summary of the food industry's week in its own words.
Unilever is facing a fine in South Africa for alleged collusion in the manufacture and supply of edible oils and margarine to wholesale and retail customers in the country.
Warren Buffett has said Kraft Heinz has not prepared "a back-up deal" in the wake of Unilever rejecting the US group's proposed takeover offer.
Unilever rejected the GBP112bn (US$139.1bn) takeover approach from Kraft Heinz because the US group's proposed offer did not value the Knorr maker highly enough, the CFO of the UK-based consumer goods giant CFO has argued.
Unilever has declined to comment on a report suggesting the company is considering splitting in two, spinning off its food business – including brands like Knorr and Hellmann's – from its home and personal care units.
European consumer goods giant Unilever has announced it is launching a review of its operations in order to "accelerate" the value it can give to its shareholders.
Kraft Heinz has pulled its GBP112bn (US$139.1bn) takeover bid for consumer goods giant Unilever.
Kraft Heinz has indicated it is still working towards a merger with Unilever after revealing today (17 February) the European consumer goods giant had turned down an initial approach.
Unilever, one of the consumer goods companies seen in the vanguard of sustainable business, has issued data it claims shows the issue is a bigger driver of shopper behaviour in emerging markets than in the developed world.
UK consumers are being urged to think of other ways to use their jack-o-lanterns and cut the millions of tonnes of pumpkin that is wasted at this time of year.
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