Unilever Completes Sale of Culver Specialty Brands to B&G Foods, Inc.
30 November 2011 - 10:00PM
Business Wire
Unilever announced today that it has completed the sale of its
Culver Specialty Brands division to B&G Foods, Inc. for the
previously announced price of $325 million (EUR 240 million) in
cash. Culver Specialty Brands include Mrs. Dash salt-free branded
seasoning blends, Molly McButter branded flavored sprinkles, Sugar
Twin branded sugar substitute, Baker’s Joy branded baking spray and
Static Guard branded anti-static spray in the US and Canada.
About Unilever
Unilever works to create a better future every day. We help
people feel good, look good and get more out of life with brands
and services that are good for them and good for others.
Unilever is one of the world’s leading suppliers of fast moving
consumer goods with strong operations in more than 100 countries
and sales in 180. Consumers buy 170 billion Unilever packs around
the world every year, and our products are used over two billion
times a day.
Our portfolio includes some of the world’s best known and most
loved brands including twelve €1 billion brands, and global
leadership in many categories in which we operate. The portfolio
features iconic brands such as: Knorr, Hellmann’s, Lipton, Dove,
Vaseline, Persil, Cif, Marmite and Pot Noodle.
We have around 167,000 employees in over 100 countries, and
generated annual sales of €44.3 billion in 2010. For more
information about Unilever and its brands, please visit
www.unilever.com.
Unilever is Leader in the Food Producers sector in the Dow Jones
Sustainability World Indexes for the 13th year running. 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. We are also ranked 7th in
the Global 100 Most Sustainable Corporations in the World, a list
compiled by Corporate Knights Magazine. We achieved Platinum Plus
standard in the UK’s Business in the Community Corporate
Responsibility Index 2009, were named Company of the Year in
2010.
About B&G Foods, Inc.
B&G Foods and its subsidiaries manufacture, sell and
distribute a diversified portfolio of high-quality, shelf-stable
foods across the United States, Canada and Puerto Rico. B&G
Foods’ products include hot cereals, fruit spreads, canned meats
and beans, spices, seasonings, hot sauces, wine vinegar, maple
syrup, molasses, salad dressings, Mexican-style sauces, taco shells
and kits, salsas, pickles, peppers and other specialty food
products. B&G Foods competes in the retail grocery, food
service, specialty, private label, club and mass merchandiser
channels of distribution. Based in Parsippany, New Jersey, B&G
Foods’ products are marketed under many recognized brands,
including Ac’cent, B&G, B&M, Brer Rabbit, Cream of Rice,
Cream of Wheat, Don Pepino, Emeril’s, Grandma’s Molasses, Joan of
Arc, Las Palmas, Maple Grove Farms of Vermont, Ortega, Polaner, Red
Devil, Regina, Sa-són, Sclafani, Trappey’s, Underwood, Vermont Maid
and Wright’s.
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