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Unilever to build new global foods innovation centre in the Netherlands

    Unilever to build new global foods innovation centre in the Netherlands

FMCG giant Unilever has announced plans to build a new global foods innovation centre in Wageningen, the Netherlands.
This new centre will centralise their Food R&D organisations, currently in Vlaardingen, the Netherlands, Heilbronn in Germany and Poznan in Poland, on one site. All the roles across these sites will now be based in the Wageningen site.
When […]

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Unilever reduces ice cream calories

Unilever UK & Ireland has announced that, from spring this year, its entire adult single-serve ice cream range will contain 250 calories or fewer.
Under the Unilever Sustainable Living Plan, the company says it is helping millions take action to improve their health and well-being. The move follows the introduction of 110kcal or fewer across the […]

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Unilever to Sell Frozen Meals Business in North America

    Unilever to Sell Frozen Meals Business in North America

Unilever has agreed to sell its North America frozen meals business to ConAgra Foods for a total cash consideration of $265 million (Eur216 million). Unilever’s North America frozen meals business consists of a full range of premium, multi-serve frozen entrees and appetizers under the well-known Bertolli and PF Chang’s brand names.
The transaction, subject to regulatory […]

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Permira Considers Disposal of Birds Eye Iglo

    Permira Considers Disposal of Birds Eye Iglo

Private equity firm Permira is considering the sale of its Birds Eye Iglo European branded frozen food business after receiving a number of approaches. Permira is reported to have appointed Credit Suisse to manage a sales process.
Birds Eye Iglo produces fish, vegetables, poultry and ready meals, including a number of iconic products such as fish […]

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Food Volumes Down at Unilever

    Food Volumes Down at Unilever

Unilever has reported a 1% increase in both operating profit and net profit to Eur6.43 billion and Eur4.62 billion respectively on turnover up 5% to Eur46.5 billion for 2011. Underlying sales growth was ahead by 6.5% with price up 4.8% and volume growth 1.6%. The rise in sales was driven by strong growth in emerging […]

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PepsiCo Extends $1 Billion Dollar Brands Portfolio

    PepsiCo Extends $1 Billion Dollar Brands Portfolio

PepsiCo has expanding its portfolio of brands, which each generate more than $1 billion in annual retail sales, to 22 with the recent addition of Diet Mountain Dew, Brisk and Starbucks ready-to-drink (RTD) beverages. The US-based beverages and snacks giant has doubled the size of its billion-dollar brand portfolio since 2000, adding five new billion-dollar […]

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Barry Callebaut to Become Strategic Unilever Partner

    Barry Callebaut to Become Strategic Unilever Partner

Barry Callebaut, the cocoa and chocolate products manufacturer, and Unilever, the global market leader in ice cream, have signed a new long-term global partnership agreement. Under the terms of the agreement, Barry Callebaut will become Unilever’s strategic global supplier and innovation partner of choice for its cocoa and chocolate needs.
This new global supply agreement builds […]

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Unilever Completes Acquisition of Ingman Ice Cream

    Unilever Completes Acquisition of Ingman Ice Cream

Unilever has completed the acquisition of Ingman Ice Cream. The deal further strengthens Unilever’s competitive position in ice cream and is hghly complementary to Unilever’s existing portfolio of strong brands like Magnum, Cornetto and Carte d´Or.
 
Ingman Ice Cream employs around 700 people with production facilities in Sibbo (Finland), Ahus (Sweden), Mazeikiai (Lithuania) andGomel(Belarus). In 2010, […]

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New Unilever Plant Sets Global Sustainability Standards

    New Unilever Plant Sets Global Sustainability Standards

Unilever’s R670 million (Eur61 million), state-of-the-art savoury foods plant in Durban is setting new global standards in responsible and sustainable dry food production. It as one of the largest private investments in South Africa since the 2010 World Cup. The new plant is named Indonsa, meaning “Morning Star” in IsiZulu, and produces renowned brands such […]

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FrieslandCampina and Unilever Commence Sustainable Dairy Ingredients Project

    FrieslandCampina and Unilever Commence Sustainable Dairy Ingredients Project

FrieslandCampina and Unilever have joined forces in a project that will boost the availability of sustainable dairy ingredients. Key elements of this project are animal welfare, energy use, waste management and reduction of the carbon footprint. This year, a total of twelve farms operated by FrieslandCampina member farmers have been assessed against Unilever’s criteria and […]

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Unilever Sells North American Food Brands

    Unilever Sells North American Food Brands

Unilever has agreed to sell its Culver Specialty Brands division, in the US and Canada for $325 million (Eur230 million) in cash to B&G Foods. The business being sold includes Mrs Dash salt-free branded seasoning blends, Molly McButter branded flavoured sprinkles, Sugar Twin branded sugar substitute, Bakers Joy branded baking spray and Static Guard branded […]

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Unilever Strengthens Russian Presence

    Unilever Strengthens Russian Presence

Unilever is expanding its presence in Russia and enhancing its personal care portfolio with the acquisition of 82% of Concern Kalina, the leading Russian beauty company. The transaction, which is pending required regulatory approvals, values the equity of the total business at RUB21.5 billion (€500 million). Concern Kalina is Russia’s largest local personal care player […]

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Unilever Expands Ice Cream Business

    Unilever Expands Ice Cream Business

Unilever is acquiring Ingman Ice Cream from Finnish dairy firm Ingman for an undisclosed sum. With units in Sipoo in Finland, Aahus in Sweden, Mazeikia in Lithuania and Gomel in Belarus, Ingman Ice Cream employs about 700 people and achieved sales of Eur70 million last year. The deal is subject to competition authority approvals. Unilever […]

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Unilever Continues to Expand in Emerging Markets

    Unilever Continues to Expand in Emerging Markets

Unilever has unveiled expansion to production facilities in Indonesia that will help drive sustainable growth for the food and personal care group in the fast-growing developing and emerging markets. The company has invested about €90 million to build a new, state-of-the-art personal care factory and to expand existing ice cream and personal care factories to […]

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Unilever Focuses on Emerging Markets

    Unilever Focuses on Emerging Markets

Unilever expects to generate more than 70% of group turnover from emerging markets by 2020, up from a current level of 55%. In face of sluggish growth in developed markets, Unilever has been investing heavily to expand its presence in emerging markets in Asia, Africa and Latin America, withBrazil,India,ChinaandTurkeyamong the group’s fastest growing markets.
 
“Europe and […]

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Unilever Sells Ragu and Chicken Tonight Brands to Symington’s

    Unilever Sells Ragu and Chicken Tonight Brands to Symington’s

Unilever has sold its Ragu and Chicken Tonight sauce brands in theUKandIrelandto Symington’s, the Leeds-based convenience food company. Although the price of the deal was undisclosed, it is throught to have fallen short of the £30m to £40m originally anticipated by Unilever when it offered the business for sale last year following a strategic review.
 
The […]

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Unilever Reports Strong First Half Growth

    Unilever Reports Strong First Half Growth

According to Unilever, its development strategy is delivering results after the group reported strong growth in the first half of 2011. Turnover for the half-year was up 4.1% to Eur22.8b. Underlying sales growth was 7.1% in the second quarter and 5.7% in the first-half. Underlying volume growth was 1.9% in the second quarter and 2.2% in […]

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Unilever to Expand Hungarian Ice Cream Factory

    Unilever to Expand Hungarian Ice Cream Factory

Unilever is reported to be investing HUF2.2b (Eur8m) to increase production capacity at its ice cream factory at Veszprem in Hungary. The intention is to expand annual capacity from 75m litres to 90m litres during the next four years.
Unilever plans to build 7,500 sq m of cold stores and expand packaging facilities at the site. Unilever […]

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Unilever Reorganisation Designed to Drive Growth

    Unilever Reorganisation Designed to Drive Growth

Unilever has announced changes to its category and go-to-market structure to further support its growth plans, especially in its fast-developing businesses in the emerging markets. The new structure is designed to facilitate a more efficient rollout of increasingly bigger and more scalable innovations, and the optimisation of resources behind strategic priorities.
“Unilever now has over half […]

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Fifth Consecutive Quarter of Growth at Unilever

    Fifth Consecutive Quarter of Growth at Unilever

Food, personal care and home care group Unilever has delivered its fifth consecutive quarter of growth as its transformation strategy continues. Turnover in the first quarter increased by 7% to Eur10.9b as underlying sales rose by of 4.3% with all categories growing, driven by emerging markets up 9.9%. Underlying volume growth was 2.5% and pricing […]

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Strong Growth as Unilever’s Transformation Progresses

    Strong Growth as Unilever’s Transformation Progresses

Despite intense competition, weak consumer confidence in many markets and the impact of rising commodities costs in the second half, Unilever has delivered a strong financial performance in 2010 as it continued with its transformation strategy. Whilst markets showed little or no growth in the developed economies, emerging market growth remained healthy.
Turnover rose 11.1% (3.6% […]

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Unilever’s Dutch Ice Cream Factory to Derive Green Energy from Wastewater With Installation From Paques

Unilever and Paques, the water and gas purification specialist, have started the construction of a bio-digester at the food group’s Ben & Jerry’s ice cream factory in Hellendoorn, the Netherlands. In the bio-digestion process, waste products that are released during the production of ice cream are converted into energy.
A 3D artist impression of the installation.
The […]

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Unilever Unveils Ambitious Sustainability Plan

  Unilever Unveils Ambitious Sustainability Plan

Unilever has announced plans to decouple its future growth from environmental impact. The food and consumer goods giant has pledged to halve the environmental footprint of its products; help 1 billion people to take action to improve their health and wellbeing, mostly in developing countries, over the next 10 years; and to source 100% of […]

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Unilever to Sell UK Ambient Sauce Brands

Unilever is reported to be seeking to dispose of its Ragu and Chicken Tonight ambient sauce brands in the UK and Ireland to trade or private equity buyers. The move follows a regular review of the brands’ market performances.
The combined brands could attract bids worth up to £40m. Unilever will retain the Ragu brand business […]

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Unilever Acquires Greek Ice Cream Brands

  Unilever Acquires Greek Ice Cream Brands

Unilever is acquiring EVGA’s Greek ice cream brands (including Scandal, Variete and Karabola) and distribution network for an undisclosed amount. EVGA, which helped pioneer the Greek ice cream industry, will retain its existing production and warehousing facilities and will manufacture both the current EVGA and some of Unilever ice cream branded products for the Greek […]

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Unilever Strengthens Personal Care Business With $3.7b Acquisition

  Unilever Strengthens Personal Care Business With $3.7b Acquisition

Unilever is strengthening its personal care business by acquiring US-based Alberto Culver Company for $3.7b in cash. Alberto Culver generated sales approaching $1.6b and EBITDA of over $250m for the year ending June 30th 2010. The acquisition makes Unilever the world’s leading company in hair conditioning, the second largest in shampoo and the third largest […]

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Unilever Acquires Danish Ice Cream Business From TINE

  Unilever Acquires Danish Ice Cream Business From TINE

Unilever is acquiring Diplom-Is, a Danish ice cream business, from TINE, the Norwegian dairy group, for an undisclosed price. Employing 30 people, Diplom-IS operates five local distribution centers in Denmark. TINE also owns and operates Diplom-Is in Norway and Sweden, which it is retaining.
Unilever is one of the leading players in the Danish ice cream […]

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Milk Link to Launch I Can’t Believe It’s Not Cheddar in the UK

  Milk Link to Launch I Can’t Believe It’s Not Cheddar in the UK

UK dairy co-operative Milk Link is planning to launch I Can’t Believe It’s Not Cheddar, a new cheese product that contains 30% less fat than standard Cheddar, early next year. The new product will be produced by Milk Link under licence from Unilever, which also owns the popular I Can’t Believe It’s Not Butter brand. […]

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Unilever Predicts Continued Slow Economic Growth

  Unilever Predicts Continued Slow Economic Growth

Unilever has reported a 35% increase in net profit to Eur2.21b on turnover ahead by 9.7% to Eur21.89b with underlying sales growth of 3.8% for the first half of 2010. Group operating profit rose by 20% to Eur3.07b.
Although prices were down by 2.6% during the first half, this was offset by underlying volume growth of […]

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Cargill Supports Unilever’s Drive to Use Sustainable Palm Oil

Cargill has entered into a supply agreement to provide Unilever’s European operations with 10,000 metric tonnes of segregated refined palm oil, certified by the Round Table for Sustainable Palm Oil (RSPO). This means that the oil will have been certified as sustainable, having been segregated at every step in the supply chain. Cargill’s new offering […]

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Unilever Sells Findus Italy to Birds Eye Iglo for €805m

  Unilever Sells Findus Italy to Birds Eye Iglo for €805m

Unilever is selling its Italian frozen food business, Findus Italy, to Birds Eye Iglo, which is owned by private equity group Permira, for Eur805m. The deal includes four brands – Salti in Padella, Sofficini, Capitan Findus and That’s Amore – along with a factory in Cisterna, Italy. Findus Italy employs 650 people and had annual […]

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Unilever Commits to Sustainable Sourcing of Paper Packaging

  Unilever Commits to Sustainable Sourcing of Paper Packaging

As part of its sustainability commitment to double the size of its business while reducing its environmental impact, Unilever has announced that it will work with its suppliers to source 75% of its paper and board packaging from sustainably managed forests or from recycled material by 2015, rising to 100% by 2020. The move makes […]

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