LSE:ULVRPersonal Products
Unilever Refocuses On Beauty And Wellness As Foods Joins McCormick
Unilever is combining its Foods business, including Knorr and Hellmann's, with McCormick to create a global flavour group.
The deal marks a pivot for Unilever toward beauty, wellbeing, personal care, and home care as its core focus.
Alongside the Foods transaction, Unilever has acquired Grüns, a US based supplements brand, to expand its health and wellness exposure.
For investors in LSE:ULVR, this move comes as the shares trade around £43.13, with a 3.4% gain over the past week but double...