Unilever prepares to sell Flora and Stork

Thu, 06 Apr 2017 | DIVISION SALE

Household consumer goods giant Unilever is gearing up to sell off its margarine business, including the Flora and Stork brands, in a sale analysts say could fetch £4.8 billion.

The move is part of a shake-up at the group, which seeks to gain more returns for its shareholders and become “a leaner and more focused business”.

Chief executive Paul Polman said in a statement: “We feel that the changes we are announcing today will accelerate the transformation of Unilever and the delivery of sustainable shareholder value over the long-term.”

Its long-term business model, which they describe as “sustainable value-creation” is to remain the same. It will endeavour to increase its cost-cutting, aiming for a 20 per cent margin by 2020.

Unilever is certainly busy at the moment - it is also examining its dual-listed structure, which dates back to the 1930s when Britain’s Lever Bros merged with Dutch margarine manufacturer Unie.

Unilever rejected a £115 billion takeover bid from Kraft Heinz in February, as the bid was too low and takeover of little benefit. The company will also buy back £4.3 billion of shares in an attempt to smooth over irate investors after the bid rejection.

Food businesses for sale.

You can subscribe to the Business Sale Report here.


Share this article



Latest Businesses for Sale

Day Spa
Manchester, UK Wide

A very reputable, award winning, day spa offering a selection of rejuvenating treatments is available in the bustling city of Manchester. Offers invited.

Asking Price: £315,000
Turnover: £600,000

LEASEHOLD


Automotive Repair Business
Gloucestershire, UK Wide

This is a longstanding automotive repair business in Gloucestershire, now available for an interested buyer to purchase. Offers invited.

Asking Price: £925,000
Turnover: £414,249

FREEHOLD


CNC Precision Engineering Firm
Isle Of Wight, UK Wide

A remarkable opportunity has emerged to acquire an established precision engineering business which has cemented solid foundations since it began trading in 1998. Offers invited.

Asking Price: £1,200,000
Turnover: £907,946

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
21
 
Apr
 

Cambridge artificial intelligence / machine learning company bought by customer | BUSINESS SALE

Early stage advanced data analysis company Rinocloud has bee...

 
19
 
Apr
 

Accountancy firm to expand in Scotland | BUSINESS SALE

A UK-based accountancy firm with offices peppered across the...

 
18
 
Apr
 

Recruitment firm acquires counterpart | BUSINESS SALE

Swindon-headquartered recruitment company Outsource UK has s...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
30
 
Jun
 

Unilever to sell off men's hair care product Brylcreem | DIVISION SALE

Unilever, the Anglo-Dutch consumer products giant, is prepar...

 
23
 
Mar
 

Business Sale Report acquisition update | BUSINESS SALE

Hello and welcome to the Business Sale Report Twenty two c...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources