Unilever verwerft meerderheidsbelang Qinyuan Group in China | Nieuws & Media | Unilever Nederland

Unilever verwerft meerderheidsbelang in Qinyuan Group in China

Unilever heeft aangekondigd dat zij een meerderheidsbelang heeft verworven in de Qinyuan Group, een toonaangevend Chinees waterzuiveringsbedrijf, voor een niet nader bekendgemaakt bedrag. (Bericht alleen uitgegeven in het Engels.)

Unilever to acquire majority stake in the Qinyuan Group

establishing world class hub for water purification technology and manufacture

Shanghai, London & Rotterdam – March 9, 2014. Unilever today announced that it has acquired a majority stake in the Qinyuan Group, a leading Chinese water purification business for an undisclosed amount. Qinyuan generated sales approaching €140 million (c. 1.2 billion RMB] for the 12-month period ending December 31 2013.

Unilever CEO Paul Polmansaid: "We are delighted to be making this strategic investment – a majority stake in Qinyuan – our biggest acquisition in China for more than ten years. Unilever has been building a global water purification business with Pureit, a very effective, affordable water purification device, already present in several countries in South Asia, South East Asia, Latin America and Africa. 

This deal will more than double the size of our water purification business and will bring together complementary technology from Pureit and Qinyuan and leverage Qinyuan’s local marketing insight, manufacturing and distribution strength – all under the Unilever umbrella."

The Unilever Pureit purifiers and the current Qinyuan product range offer different and complementary performance and price points and will enable the combined business to offer a complete range of products. Qinyuan founder, Mr Ye, who will continue to be CEO of the business, said: "We are very pleased to have been able to partner with Unilever. We think the deal brings together very relevant innovation, technology, design and manufacturing capabilities which can enable China to become an important hub in the development of the global Unilever Pureit business."

The water purification market has been growing rapidly in China – over 20% per annum over the last three years – and Qinyuan has been playing an important role in developing the market.

Under the Unilever Sustainable Living Plan (USLP), the company aims to make safe drinking water available and affordable to people across the world. 45 million people have gained access to safe drinking water from Pureit since its launch in 2005.

Trevor Gorin
Head of Global Media Relations
Tel: +44 207 822 6010
Mobile: +44 7711 020438
E-Mail: trevor.gorin@unilever.com

Marina Wu
Unilever China Communications Director
Tel: +86 21 22128210
Mobile: +86 18101883072
E-Mail: marina.wu@unilever.com

About Unilever

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 174,000 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.

Our ambition is to double the size of our business, whilst reducing our overall environmental footprint (including sourcing, consumer use and disposal) and increasing our positive social impact. We are committed to helping more than a billion people take action to improve their health and well-being, sourcing all our agricultural raw materials sustainably by 2020, and decoupling our growth from our environmental impact. Supporting our three big goals, we have defined seven pillars, underpinned by targets encompassing social, environmental and economic areas. See more on the Unilever Sustainable Living Plan at www.unilever.com/sustainable-living/

Unilever has been recognised in the Dow Jones Sustainability World Indexes for 14 consecutive years. We are included in the FTSE4Good Index Series and attained a top environmental score of 5, leading to inclusion in the FTSE4Good Environmental Leaders Europe 40 Index. Unilever has been named sector leader of the CDP’s Forests programme for three consecutive years, and in 2013 led the list of Global Corporate Sustainability Leaders in the GlobeScan/SustainAbility annual survey - for the third year running. Unilever was named LinkedIn’s third most sought-after employer worldwide in 2013.

For more information about Unilever and its brands, please visit www.unilever.com.

About Qinyuan

Qinyuan Group Co., Ltd. is a high-tech and innovation-driven company, providing environmental products, including water purifiers, drinking water equipment and water treatment membranes.

Qinyuan is recognised as one of China’s pilot national enterprises in innovation and intellectual property. Founded in 1998, Qinyuan invented the first water purifier for dispensng water and the first instant hot water dispenser in the world. Qinyuan is also the leader of China’s National Water Purification System Standardization Working Group. The business model is based on the design, production and sale of devices and subsequent replacement filters. 

There are 2 R&D labs and 2 manufacturing plants. There are 2,500 employees.  Distribution is mainly through third party distributors to cover all retail channels including modern trade and on-line sales. In addition, they also sell direct to retailers and consumers.

Over the last decade, Qinyuan, as the leading company in water treatment technology in China, has obtained over one hundred patents home and abroad, as well as winning many major science and technology awards.

Unilever NV

Weena 455
3013AL Rotterdam


+31 (0) 10 217 4000

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