Unilever Bestfoods France is negotiating the sale of several of its French brands to capital investment fund CDC Ixis Service.

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CDC Ixis Service is jointly owned by France’s deposit and consignment office (CDC) and electricity utility, EDF.

The brands in question – Banania (chocolate powder), Benco (chocolate granules), Yabon (cream desserts) and Poti (purees) – are unknown outside France and this is seen as the major factor behind the sale.

Production centres on two plants, which employ 166 staff, and the brands generate a combined turnover of €40m (US$43.3m). Unilever inherited the brands following the acquisition of US group, Bestfoods, in 2000.

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