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This deal excluded the Unilever tea business in India, Indonesia and Nepal, and the Lipton Ice Tea joint-venture with PepsiCo. [86] The deal was completed in summer 2022. [87] In December 2023, Unilever announced the company would sell Elida Beauty to Yellow Wood Partners, a private equity firm in the United States. [88]
In 2010, Mulgrave exercised the convertible bond for 24.54% stake in the company, making DFI Retail Group the new majority shareholder of PT Hero Supermarket Tbk. [6] MPPA protested the action and went separate ways to build its own store "Hypermart". In 2014, Hero acquired a license to operate IKEA stores in Indonesia.
Sariwangi (stylized as SariWangi) is an Indonesian tea brand currently owned by Unilever.The brand name literally means 'fragrant essence' in Indonesian.Sariwangi was the first Indonesian tea brand to be packaged in bags, as opposed to the more traditional loose serving.
Jawara – hot sauce (Indonesia) Kecap Bango – sweet soy sauce in Indonesia; Kissan – ketchups, squashes and jams (India) Klondike; Knorr (Knorr-Suiza in Argentina, Royco in Indonesia and Kenya, Continental in Australia, outside Japan) – sauces, stock cubes, ready-meals, meal kits, ready-soups, frozen food range
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Astra Agro Lestari Tbk. (AAL) is the second biggest palm oil company in Indonesia. It is a subsidiary of PT Astra International Tbk. At least in 2004, it controlled extensive land banks. [2] It has two concessions on peatlands in Riau, with an estimated total area of 20,000 hectares. [3]
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]