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Unilever PLCis a British multinationalfast-moving consumer goodscompany founded on 2 September 1929 following the mergerof British soap maker Lever Brothersand Dutch margarine producer Margarine Unie. It is headquartered in London. The company's products include baby food, beauty products, bottled water, breakfast cereals, cleaning agents ...
Alberto-Culver was purchased by consumer goods company Unilever on September 27, 2010 for US$3.7 billion. [10] The terms of the acquisition required Unilever to divest selected hair care brands and its entire food business in the USA to other companies to satisfy antitrust concerns (in the late 1990s, Unilever had purchased Alberto-Culver's historic Chicago rival, Helene Curtis).
The brands in the sale represented about 7% of Unilever's global business. [8] In January 2020 they purchased Violife, a brand of plant-based cheese. [9] Following falling margarine sales as consumers switched to butter, since summer 2020 the company focussed more on the "plant-based" market, also claiming sustainability, to increase sales. [10]
LIPTON Teas and Infusions is a privately held company based in Amsterdam, Netherlands, that produces tea and other herbal drinks. Initially formed in 2020 as a distinct division named Ekaterra within Unilever, private equity firm CVC Capital Partners reached an agreement in November 2021 to purchase the business for €4.5 billion. [ 2 ]
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Lever Brothers. Lever Brothers was a British manufacturing company founded in 1885 by two brothers: William Hesketh Lever, 1st Viscount Leverhulme (1851–1925), and James Darcy Lever (1854–1916). They invested in and successfully promoted a new soap-making process invented by chemist William Hough Watson. Lever Brothers entered the United ...
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