Unilever Acquires US-Based SmartyPants Vitamins
25 November 2020 - 07:11PM
Dow Jones News
By Adriano Marchese
Unilever PLC said Wednesday that it has agreed to acquire the
Los-Angeles-based vitamin, mineral and supplement company,
SmartyPants Vitamins for an undisclosed sum.
Unilever, owner of Ben & Jerry's ice cream and Hellmann's
mayonnaise, said the acquisition complements the company's
portfolio of brands in the functional nutrition and supplement
segment.
The terms of the deal weren't disclosed, but the company said
the acquisition is subject to regulatory approvals and customary
closing conditions.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
November 25, 2020 12:56 ET (17:56 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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