Unilever sells its business in Russia
Unilever, owner of brands including Dove soap and Hellmann’s mayonnaise, said Thursday that it has completed the sale of its Russian business to Arnest Group, a local manufacturer of perfume, cosmetics and household products,
Unilever completes Russian exit with sale of business
Unilever has finalized the sale of its Russian and Belarus operations, including four factories, to local firm Arnest Group for an undisclosed amount. This move follows criticism for remaining in Russia post-Ukraine invasion and is part of CEO Hein Schumacher's broader strategy to restructure the company and improve performance.
Unilever sells controversial Russia subsidiary to Arnest Group
Hein Schumacher, CEO of Unilever, said in a statement: “Unilever has today completed the sale of its Russian subsidiary to Arnest Group, a Russian manufacturer of perfume, cosmetics and household products. “The sale includes all of Unilever’s business in Russia and its four factories in the country.
Unilever Bows to Pressure and Sells Russia Subsidiary
After more than two years of controversy, Unilever has sold its Russian business to Arnest Group, a Russian manufacturer of perfume, cosmetics and household products.
Unilever exits Russia with sale of all assets to local company
Unilever has sold its Russian business to Arnest Group, it said on Thursday, becoming the latest multinational company to exit Russia since its invasion of Ukraine, following a "complex" sale process.
Unilever Sells Russian Business
The owner of Ben & Jerry’s ice cream, Sunsilk shampoo and Dove soap, has completed the sale of its Russian business to a local company.
Unilever concludes sale of Russian, Belarusian business to local firm
Unilever concluded the sale of its business and four factories in Russia and Belarus for an undisclosed amount to Arnest Group, a Russian manufacturer, the company announced on Oct. 10. "The completion of the sale ends Unilever Russia's presence in the country,
Unilever, global manufacturer of everyday goods, completely withdraws from Russia
The British company Unilever, which produces household chemicals and food products, has announced its withdrawal from the Russian market. Source: Unilever's CEO Hein Schumacher Details: "Unilever has today completed the sale of its Russian subsidiary to Arnest Group,
Sir Jonathon Porritt’s Critique Of Unilever Is An Attack On Capitalism
Jonathon Porritt was an advisor to Unilever for 28 years. After Hein Schumacher became CEO, Sir Porritt wrote a biting ...
Consumer goods giant Unilever finally quits Russia after backlash
The consumer giant, whose brands include Magnum and Ben & Jerry's ice creams, has continued to sell goods in Russia following ...
AOL23d
Unilever CEO looking for first-ever global plastics treaty with "teeth"
NEW YORK (Reuters) - Unilever CEO Hein Schumacher hopes to see a global plastics treaty that "has some teeth," he said in an interview with Reuters on Monday, as negotiations for countries to ...
Reuters16d
REUTERS IMPACT Unilever strikes climate deals with Walmart and others to meet sustainability goals
CEO Hein Schumacher in April changed some of the company's years-old sustainability goals, leading to both praise from some investors and criticism from climate activists. "What's new and what's ...
Unilever quits Russia
British consumer-goods giant Unilever is leaving Russia after having stayed in market despite post-2022 Ukraine-related ...