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

Supplier of Oil, Marine Fuels & Liquids
UK Wide

Bunker trader and supplier of marine fuels and liquids. Extensive network of global clients. Highly competitive prices ensure repeat custom for the long term. Significant potential to further expand operations and sales territory. Secure and steady f...

Asking Price: Offers Invited
Turnover: £13,000,000

Multi-Skilled Service Engineering Company
North of England, UK Wide

A multi-skilled service engineering company offering a bespoke service to the chemical, pharmaceutical, effluent and waste water treatment, aggregate, food and oil industries, including sales of new and refurbished centrifuges, filter presses, candle...

Asking Price: Offers Invited
Turnover: £410,000

FREEHOLD


Supplier of Fastenings & Fixings
Yorkshire and the Humber, UK

Provides a comprehensive range of high-quality fastenings and fixing products to multiple clients in the UK. Offers extensive solutions to customer issues and requirements. Offers invited.

Asking Price: Offers Invited
Turnover: £3,080,000

FREEHOLD



View more businesses for sale

News Search

Latest News

 
08
 
Apr
 

Insurance broker bought out of administration | BUSINESS SALE

Flintshire-based insurance broker Staveley Head has been acq...

 
07
 
Apr
 

Treasury plan to save medium-sized businesses by taking emergency stakes | BUSINESS NEWS

The Treasury is understood to be considering user taxpayer m...

 
07
 
Apr
 

Clarks makes store closures and explores financing opportunities | COMMERCIAL PROPERTY

Footwear retailer Clarks has confirmed that it will close a ...

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