Unilever Completes Sale of Wish-Bone and Western brands to Pinnacle Foods
01 Oktober 2013 - 6:18PM
Business Wire
Unilever today announced that it has completed the sale of its
Wish-Bone and Western dressings brands to Pinnacle Foods Inc.
On August 12th, the two companies announced the agreement for a
total cash consideration of approximately $580 million, including
the Wish-Bone and Western dressing’s trademarks.
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actual results to differ materially are: Unilever's global brands
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the year ended 31 December 2012 and Annual Report and Accounts
2012. These forward-looking statements speak only as of the date of
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About Unilever
Unilever is one of the world’s leading suppliers of Food, Home
and Personal Care products with sales in over 190 countries. Our
products are present in 7 out of 10 homes globally and are used by
over 2 billion people on a daily basis. We work with 173,000
colleagues around the world and generated annual sales of over €50
billion in 2012. Over half of our company’s footprint is in the
faster growing developing and emerging markets (57% in Q1 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 such as Knorr, Persil / Omo,
Dove, Sunsilk, Hellmann’s, Lipton, Rexona / Sure, Wall’s, Lux,
Rama, Ponds and Axe, 14 of which 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. In 2012 Unilever led the Climate Counts Company Scorecard
and the list of Global Corporate Sustainability Leaders in the
GlobeScan /Sustainability latest annual survey - both for the third
year running. The company is an employer of choice in many of the
countries in which it operates and is seen as a symbol for
innovation and leadership development.
For more information about Unilever and its brands, please visit
www.unilever.com.
About Pinnacle Foods
In more than 85% of American households, consumers reach for
Pinnacle Foods brands. Pinnacle Foods is a Top 1000 Company as
ranked by Fortune Magazine. We are a leading producer, marketer and
distributor of high-quality branded food products, which have been
trusted household names for decades. Headquartered in Parsippany,
NJ, our business employs an average of 4,400 employees. We are a
leader in the shelf stable and frozen foods segments and our brands
hold the #1 or #2 market position in 10 of the 12 major categories
in which they compete. Our Duncan Hines Grocery Division manages
brands such as Duncan Hines® baking mixes and frostings, Vlasic®
shelf-stable pickles, Mrs. Butterworth's® and Log Cabin® table
syrups, Armour® canned meats, Brooks® and Nalley® chili and chili
ingredients, Duncan Hines® Comstock® and Wilderness® pie and pastry
fruit fillings and Open Pit® barbecue sauces. Our Birds Eye Frozen
Division manages brands such as Birds Eye®, Birds Eye Steamfresh®,
C&W®, McKenzie's®, and Freshlike® frozen vegetables, Birds Eye
Voila!® complete bagged frozen meals, Van de Kamp's® and Mrs.
Paul's® frozen prepared seafood, Hungry-Man® frozen dinners and
entrées, Aunt Jemima® frozen breakfasts, Lender's® frozen and
refrigerated bagels, and Celeste® frozen pizza. Our Specialty Foods
Division manages Tim's Cascade Snacks®, Hawaiian® kettle style
potato chips, Erin's® popcorn, Snyder of Berlin® and Husman's®
snacks in addition to our food service and private label
businesses. Further information is available at
www.pinnaclefoods.com.
###
Media:Unilever PLC (London):Trevor Gorin, +44 207 822
6010Press-Office.London@unilever.comorUnilever NV (Rotterdam):Flip
D�tsch, +31 (0) 10
2174844mediarelations.rotterdam@unilever.comorUnilever North
America (Englewood Cliffs, NJ):Anita Larsen,
+1-201-894-7760MediaRelations.USA@unilever.com
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