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Hindustan Unilever Limited (HUL) is an Indian fast-moving consumer goods company, headquartered in Mumbai. [3] It is a subsidiary of the Anglo-Dutch company Unilever. Its products include foods, beverages, cleaning agents, personal care products and other consumer staples. HUL was established in 1931 as Hindustan Vanaspati Manufacturing Co.
In 2003, Bunge Limited acquired the Dalda brand from Hindustan Unilever Limited for reportedly under Rs 1 billion. [37] 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. [38]
In 2003, Bunge Limited acquired the Dalda brand from Hindustan Unilever Limited for reportedly under Rs 100 crore. [17] 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. [18]
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Production moved to Port Sunlight in the 1960s, when Unilever, successor to Lever Brothers, set up a cosmetic development laboratory on the Isleworth site. A major fire at the site destroyed the original factory. Pears soap is now made in India by Hindustan Unilever, a company in which Unilever now has a 67 percent share.
Sanjiv Mehta (born 1959/1960) is an Indian business executive, and the former chairman and managing director (MD) of Hindustan Unilever Limited, India's largest fast moving consumer goods (FMCG) company and one of the top five most valuable companies in India. [4]
Unilever was the first modern multinational company. [7] The Lever Brothers name was kept until the 1990s as an imprint, as well as the name of the US subsidiary, Lever Brothers Company, and a Canadian subsidiary, Lever Brothers Limited. Lever Brothers was sold to a US capital firm, Pensler Capital Corporation, and renamed Korex in 2008.
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