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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 Bestfoods acquisition increased Unilever's scale in foods in America, and added brands including Knorr, Marmite, Bovril, and Hellmann's to its portfolio. [30] In exchange for European regulatory approval of the deal, Unilever divested itself of Oxo , Lesieur, McDonnells, Bla Band, Royco, and Batchelors .
Unilever: GlaxoSmithKline (Consumer Health Unit) 68.4 76.9 Unilever made the offer for Glaxo's household brands unit in late 2021 but Glaxo's board and Pfizer, which owns a minority stake in the business, rejected the bid as too low. [462] 25 2009 Xstrata: Anglo American plc: 68.0 96.6
Unilever has ruled out any big acquisitions in the near future following its failed £50 billion takeover of GlaxoSmithKline’s consumer arm as the Dove soap-maker warned it will be dented by ...
Following this acquisition, Unilever consolidated the operations of TAMI Bestfoods and Lever in Israel, renaming the entity "Unilever Israel". [5] [6] In 1996, Unilever entered into a partnership with Strauss Group in the ice cream business. In 2010, Unilever made two significant acquisitions: it gained full ownership of "Bagel Bagel" and ...
Lists of corporate mergers and acquisitions include both takeovers and mergers of corporations. Most are organized by the main company involved in the transactions. Most are organized by the main company involved in the transactions.
Unilever is powering through a strategic overhaul, which has so far included a wave of layoffs and a spinoff plan for its ice cream business. Unilever wants to sell brands worth €1 billion in ...
On 30 March 2004, Unilever Pakistan accepted an offer of Rs. 1.33 billion for the sale of its Dalda brand and related business of edible oils and fats to the newly incorporated company Dalda Foods (Pvt.) Limited. [17] On 16 January 2014, Unilever Philippines sold the Royal pasta brand to Philippine company RFM Corporation for around Php 2.1 ...