Tag Archives: Unilever

Unilever Sells Russian Subsidiary to Arnest Group, Concluding Operations in the Country

(IN BRIEF) On October 10, 2024, Unilever announced the successful sale of its Russian subsidiary to Arnest Group, a local manufacturer specializing in perfumes, cosmetics, and household products. This transaction encompasses Unilever’s entire operations in Russia, including its four production … Read the full press release

Unilever Partners with Accenture to Pioneer New Benchmarks in Generative AI-Driven Efficiency

(IN BRIEF) Unilever and Accenture are enhancing their partnership to set a new benchmark in generative AI-driven productivity. Through a multi-year program, Unilever aims to build on its existing AI applications and leverage Accenture’s GenWizard platform to drive efficiencies, cost … Read the full press release

Unilever Sells Stake in Qinyuan Group to Yong Chao Venture Capital Co., Ltd.

(IN BRIEF) Unilever has sold its stake in Qinyuan Group, known for water purification solutions in China, to Yong Chao Venture Capital Co., Ltd. This move is part of Unilever’s Growth Action Plan to focus on higher-growth areas. Eduardo Campanella, … Read the full press release

Unilever’s Pureit Water Purification Business Acquired by A. O. Smith

(IN BRIEF) Unilever has agreed to sell its water purification business, Pureit, to A. O. Smith, a leading global water technology company. Pureit, which operates in countries including India, Bangladesh, Sri Lanka, Vietnam, and Mexico, offers a range of water … Read the full press release

Unilever Reports Strong Q1 2024 Results with 4.4% Underlying Sales Growth

(IN BRIEF) Unilever has announced its first-quarter results for 2024, revealing a 4.4% increase in underlying sales growth, driven by a 2.2% rise in volume. All five business groups reported growth, led by Beauty & Wellbeing. Turnover reached €15.0 billion, … Read the full press release

Unilever Unveils Wonder Wash: A Breakthrough 15-Minute Laundry Detergent

(IN BRIEF) Unilever introduces Wonder Wash, a groundbreaking laundry detergent under its Dirt Is Good brand, designed to excel even in short 15-minute cycles. Leveraging robotics and AI, Unilever has developed a science-backed solution to address evolving laundry needs, catering … Read the full press release

Unilever Appoints Heiko Schipper as President, Nutrition Business Group

(IN BRIEF) Unilever has announced the appointment of Heiko Schipper as President of the Nutrition Business Group, effective May 1, 2024. Heiko, currently serving as President of Bayer Consumer Health, brings extensive experience and a successful track record in the … Read the full press release

Unilever Reports Full Year 2023 Results: Focus on Sustainability and Growth Action Plan

(IN BRIEF) Unilever has announced its financial results for the full year 2023, revealing an underlying sales growth of 7.0% driven by positive volumes. Despite challenges such as adverse currency impacts and net disposals, the company achieved a turnover of … Read the full press release

Unilever Grants Ice Cream Industry Free Access to Energy-Efficient Reformulation Patents

(IN BRIEF) Unilever has made a significant move towards reducing energy consumption in the ice cream industry by offering a free non-exclusive license for 12 reformulation patents. These patents are aimed at enabling ice cream products to remain stable at … Read the full press release

Unilever Appoints Fernando Fernandez as New CFO Amid Leadership Changes

(IN BRIEF) Unilever has announced the appointment of Fernando Fernandez as its new Chief Financial Officer (CFO), effective from January 1, 2024. Fernandez, currently the President of Unilever’s Beauty & Wellbeing Business Group, will succeed Graeme Pitkethly, who is retiring … Read the full press release

Unilever Sells Dollar Shave Club to Nexus Capital Management to Focus on Core Growth Areas

(IN BRIEF) Unilever has announced the sale of Dollar Shave Club to Nexus Capital Management LP, a US-based private equity firm. Dollar Shave Club, known for its razors and male grooming products, will continue to serve consumers in North America … Read the full press release

Google Cloud and Unilever Launch ‘My Unilever’ App to Digitally Connect Factory-Based Employees Worldwide

(IN BRIEF) Google Cloud and Unilever have jointly launched the “My Unilever” app, designed to digitally connect Unilever’s factory-based employees globally. The app, built on Google Cloud and delivered in partnership with Accenture, provides factory-based colleagues with secure access to … Read the full press release

Barry Callebaut to Deliver Chocolate Innovations for Unilever’s Ice Cream Portfolio in Extended Supply Agreement

(IN BRIEF) Unilever and Barry Callebaut have extended their strategic supply agreement for cocoa and chocolate. Barry Callebaut will continue delivering chocolate innovations for Unilever’s ice cream products, driving long-term growth. The partnership also focuses on supporting Unilever in achieving … Read the full press release

Landmark Partnership: Unilever Joins FIFA Women’s World Cup 2023™ as Official Personal Care Sponsor

(IN BRIEF) Unilever personal care brands, including Rexona, Dove, Lifebuoy, and Lux, have been announced as the Official Sponsors of the FIFA Women’s World Cup 2023. This partnership is a first for FIFA, as it includes personal care brands across … Read the full press release

Accenture welcomes Unilever CEO Alan Jope to its board

(IN BRIEF) Alan Jope, the CEO of Unilever, has been appointed to the Board of Directors of Accenture, effective immediately. Mr. Jope, who will serve on the Nominating, Governance & Sustainability Committee, is a dynamic leader with vast expertise in … Read the full press release

Unilever montre son engagement à long terme envers l’Ukraine avec un investissement de 20 millions d’euros

(ACTUALITÉ EN BREF) Unilever a annoncé son intention d’investir 20 millions d’euros dans une nouvelle usine de fabrication de produits de soins personnels dans la région de Kiev en Ukraine. L’usine devrait ouvrir ses portes en 2024 et créera une … Read the full press release

Unilever shows long-term commitment to Ukraine with €20m investment

(IN BRIEF) Unilever has announced plans to invest €20m in a new personal care product manufacturing facility in the Kyiv region of Ukraine. The factory is set to open in 2024 and will create around 100 jobs, primarily manufacturing personal … Read the full press release

£73 Milliarden Sektor kooperiert bei „Flue2Chem“, um die Nachhaltigkeit von britischen Konsumgütern zu verbessern

(IN KÜRZE) Branchenführer aus einem 73 Milliarden Pfund schweren britischen Sektor, darunter Unilever, BASF und Tata Steel, haben sich im „Flue2Chem“-Programm zusammengeschlossen, um die Nachhaltigkeit der Konsumgüterindustrie zu verändern und die Treibhausgasemissionen zu reduzieren. Das Projekt, das 2,68 Millionen £ … Read the full press release

£73 Billion Sector Collaborates on ‘Flue2Chem’ to Transform UK Consumer Products Sustainability

(IN BRIEF) Industry leaders from a £73 billion UK sector, including Unilever, BASF, and Tata Steel, have joined forces in the “Flue2Chem” program to transform the sustainability of the consumer products industry and reduce greenhouse gas emissions. The project, which … Read the full press release

Alan Jope, Unilever CEO, to step down at the end of 2023

(PRESS RELEASE) LONDON, 26-Sep-2022 — /EuropaWire/ — Unilever (LON: ULVR), multinational consumer goods conglomerate, has announced that the company’s CEO Alan Jope notified the Board of his intention to retire at the end of 2023, after five years in this … Read the full press release