Unilever gaat Ragu- en Bertolli-pastasauzen verkopen aan Mizkan Group
Unilever heeft een overeenkomst getekend voor de verkoop van haar Ragu- en Bertolli-pastasauzen in Noord-Amerika aan Mizkan Group voor een bedrag van ongeveer US$ 2,15 miljard. (Bericht alleen uitgegeven in het Engels.)
Unilever agrees to sell ragu and bertolli pasta sauce brands
London & Rotterdam – May 22, 2014 – Unilever today announced that it has signed an agreement for the sale of its North America pasta sauces business under the Ragu and Bertolli brands to Mizkan Group for a total cash consideration of approximately $2.15 billion. The annual turnover for Ragu and Bertolli is more than $600 million.
The transaction includes two production facilities – a sauce processing and packaging facility in Owensboro, Kentucky, and a tomato processing facility in Stockton, California.
Kees Kruythoff, president of Unilever North America, said: "This sale represents one of the final steps in reshaping our portfolio in North Americato deliver sustainable growth for Unilever, and enablesus to sharpen our focus within our foods business.The Ragu and Bertolli business leads the pasta sauce category in the United States, and we believe that the potential of both brands can be fully realized with Mizkan."
The transaction, subject to regulatory approval and customary closing conditions, is expected to close by the end of June.
Unilever PLC (London): Lucila Zambrano +44 20 7822 5354 or
Unilever NV (Rotterdam): Marc Potma +31 (0) 10 2174844
Unilever North America (Englewood Cliffs, NJ): Anita Larsen +1 201-894-7760
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Unilever is one of the world’s leading suppliers of Food, Home and Personal Care products with sales in over 190 countries. We work with 173,000 colleagues around the world and generated annual sales of €49.8 billion in 2013. Over half of our company’s footprint is in the faster growing developing and emerging markets (57% in 2013).
Working to create a better future every day, we help people feel good, look good and get more out of life. Our portfolio includes some of the world’s best known brands, 14 of which - Knorr, Persil / Omo, Dove, Sunsilk, Hellmann’s, Surf, Lipton, Rexona / Sure, Wall’s ice cream, Lux, Flora / Becel, Rama / Blue Band, Magnum and Axe / Lynx - now generate a turnover of €1 billion or more.
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The Mizkan Group is a 200-year old privately held international food manufacturer, based in Handa City, Japan. The Mizkan Group has a stable of well-known international brands, under the "Mizkan" umbrella brand and is a leader in the liquid condiment category. The Mizkan Group has operating facilities around the globe, including Japan, China, the United Kingdom, the United States, Thailand, Singapore, Hong Kong & Taiwan. The Mizkan Group has six offices, 17 factories and 2,900 staff in Japan, North America, Europe and Asia Pacific. More information about The Mizkan Group can be found at www.mizkan.com