Unilever

British multinational consumer goods company

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Unilever aims to unite society through World Cup sponsorship
business Jul 8, 2026, 2:00 AM

Unilever aims to unite society through World Cup sponsorship

  • Unilever has launched its largest sports partnership as the official personal care sponsor of the World Cup.
  • The partnership aims to connect brands with significant cultural moments and foster unity in society.
  • This strategy reflects a broader understanding of the intersection between sports, culture, and consumer engagement.
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Unilever's CEO distances company from past 'woke' agenda
business Jun 10, 2026, 11:36 PM

Unilever's CEO distances company from past 'woke' agenda

  • Fernando Fernández has distanced Unilever from past management's 'woke' agenda.
  • Terry Smith criticized Unilever for excessive virtue-signaling in its marketing.
  • Fernández is focused on building brands for the future, emphasizing consumer needs.
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Ben Cohen urges consumers to reconsider buying Magnum bars amid controversies
business May 7, 2026, 2:00 AM

Ben Cohen urges consumers to reconsider buying Magnum bars amid controversies

  • In May 2026, the Ben & Jerry's Foundation and its board sued Magnum for breach of contract.
  • Ben Cohen, co-founder of Ben & Jerry's, encouraged consumers to rethink their support for Magnum.
  • The ongoing disputes highlight the clash between corporate profit motives and social responsibility.
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McCormick acquires Unilever's food division for $29.1 billion
business Mar 31, 2026, 2:00 AM

McCormick acquires Unilever's food division for $29.1 billion

  • In March 2026, McCormick confirmed its acquisition of Unilever's food division, valued at $29.1 billion.
  • Unilever shareholders will own 65% of the new combined company, while McCormick shareholders will retain 35%.
  • This transition aligns with Unilever's strategy to focus on beauty and personal care products, demonstrating a shift in their corporate structure.
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Unilever explores merger with McCormick for food division
business Mar 20, 2026, 10:11 AM

Unilever explores merger with McCormick for food division

  • Unilever is in negotiations with McCormick regarding a possible merger of its food division.
  • The talks follow a Wall Street Journal report, indicating a potential spin-off of Unilever's food business.
  • The merger could allow both Unilever and McCormick to strengthen their market positions and product lines.
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Ex-Unilever executive Hakan Yurdakul secures £7 million for AI platform
business Dec 9, 2025, 11:35 AM

Ex-Unilever executive Hakan Yurdakul secures £7 million for AI platform

  • Hakan Yurdakul, a former Unilever executive, co-founded Bolt Insight and is now seeking to expand the company with new funding.
  • The company successfully raised £7 million led by Pembroke VCT, with additional contributions from multiple investors.
  • The funding will enhance their AI-enabled research capabilities, positioning Bolt Insight in a growing global insights market.
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Unilever's shares plummet as Magnum Ice Cream debuts in Amsterdam
business Dec 8, 2025, 6:33 PM

Unilever's shares plummet as Magnum Ice Cream debuts in Amsterdam

  • The FTSE 100 index closed down 21.92 points or 0.2% driven by concerns from investors ahead of a significant interest rate decision.
  • Unilever faced a 6.6% decline due to the trading start of Magnum Ice Cream in Amsterdam, which influenced overall market sentiment.
  • The ongoing economic developments signal potential volatility in U.S. and European markets, impacting investor outlook.
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Magnum clashing with Ben & Jerry's over brand values amid demerger
business Dec 8, 2025, 8:13 AM

Magnum clashing with Ben & Jerry's over brand values amid demerger

  • TMICC, the world's largest ice cream company, was formed following Unilever's divestment of its ice cream division.
  • The separation has created ongoing disputes with Ben & Jerry's regarding brand values and governance.
  • The demerger allows for a focused approach in the growing ice cream market, despite the surrounding controversies.
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Katjes Group targets Graze with £35 million offer amid Unilever's struggles
business Nov 26, 2025, 10:52 AM

Katjes Group targets Graze with £35 million offer amid Unilever's struggles

  • Katjes Group is negotiating to purchase Graze, a snack brand owned by Unilever.
  • The proposed sale price of £35 million indicates a significant decline from the £150 million Unilever initially paid.
  • The sale reflects Unilever's shift toward focusing on fast-growing sectors and divesting underperforming brands.
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