AMSTERDAM (Reuters) – Unilever (LON:) is trying to promote a number of meals manufacturers which have mixed gross sales of round 1 billion euros ($1.05 billion), Chief Govt Hein Schumacher instructed Dutch monetary each day FD in an interview revealed on Monday.
Schumacher didn’t specify which manufacturers Unilever desires to promote as a part of its beforehand introduced plans to rationalize its meals enterprise.
Sources instructed Reuters earlier this month that the corporate was exploring the sale of a few of its Dutch meals manufacturers, together with Unox soups and Conimex condiments, and was additionally attempting to promote smaller meals manufacturers in Britain and elsewhere. European international locations.
Unilever, house to about 400 manufacturers worldwide, has been attempting over the previous yr to recalibrate its operations to focus extra on advertising its prime 30 “energy” manufacturers and streamlining its enterprise, notably in Europe. In March, Unilever mentioned it could spin off its ice cream unit, house to manufacturers reminiscent of Magnum and Ben & Jerry's.
Schumacher instructed FD that his purpose was to slim down the “pretty eclectic portfolio of meals manufacturers,” specializing in sauces, condiments and merchandise for eating places and different skilled kitchens.
However not all manufacturers that don't match that description must disappear, he added.
“We aren’t having a hearth sale. There’ll at all times be manufacturers that aren’t an ideal match strategically, however they’ll nonetheless be a part of Unilever,” Schumacher mentioned.
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