UK/NETHERLANDS: Unilever plans sell off of Loders Croklaan Group
Anglo-Dutch consumer goods behemoth Unilever intends to sell its international specialty oils and fats business, Loders Croklaan Group, as part of its "Path to Growth" strategy of focusing on core activities. Loders Croklaan has factories in Wormerveer, near Amsterdam, and in Channahon, near Chicago, with smaller plants in Toronto and Cairo and sales offices in a further seven countries. The business employs some 600 people and in 2001 had sales of about US$240m. Employee representatives are being consulted about the proposed sale. Customers and suppliers will be kept informed.
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