Unilever

British multinational consumer goods company

Follow Unilever on Notably News to receive short updates to your email — rarely!

February 2025 Announced that the ice cream unit would be listed on the Amsterdam stock market.
2024 Projected revenue increased to €60.761 billion, with net income expected to decrease to €6.369 billion and workforce slightly increasing to 128,000 employees.
December 2024 Announced the sale of food brands Unox and Zwan to Zwanenberg Food Group, with the deal expected to be completed in 2026.
October 10 2024 Unilever's CEO Hein Schumacher announced the finalization of the sale of Unilever's entire Russian business, including four factories, to the Arnest Group, a Russian manufacturer of perfume, cosmetics, and household products.
March 2024 Announced plans to spin off its ice cream unit (including Magnum and Ben & Jerry's) into a standalone business, with the process starting in March 2024 and planned to be completed by the end of 2025. This announcement was part of a cost-savings programme that would cut 7,500 jobs.
2023 Revenue slightly decreased to €59.604 billion, with net income reducing to €7.140 billion and workforce significantly reduced to 127,000 employees.
December 2023 Unilever announced the sale of Elida Beauty to Yellow Wood Partners, a private equity firm in the United States.
July 2023 The Ukrainian National Agency on Corruption Prevention included Unilever in their list of 'war sponsors' for continuing operations in Russia during the Russo-Ukrainian War.
July 2023 Hein Schumacher officially became CEO of Unilever, succeeding Alan Jope.
January 2023 Unilever announced Hein Schumacher as its new CEO, with the transition to take effect in July 2023.
2022 Significant revenue growth to €60.073 billion, with net income increasing to €8.269 billion and workforce further reduced to 148,000 employees.
2022 Unilever Israel announced a recall of some Strauss ice cream products during the salmonella crisis in Israeli dairies, despite the company's own tests showing no contamination in their products.
December 2022 HUL's market capitalization reached Rs. 6,385,484.2 million.
December 2022 Reached a market capitalization of Rs. 6,385,484.2 million.
June 2022 A Reuters report revealed that Unilever lobbied governments in India and the Philippines to stop legislation banning single-use plastic sachets, despite previous commitments to stop using them.
June 2022 Unilever sold its Ben & Jerry's division in Israel to American Quality Products, allowing continued sales in Israel and Palestinian territories, which Ben & Jerry's publicly disagreed with via a tweet.
June 2022 Completed the sale of Ekaterra tea business to CVC Capital Partners.
February 2022 Following the Russian invasion of Ukraine, Unilever suspended all imports and exports to Russia, but continued trading through its Russian wing, leading to controversial profits of 9.2 billion rubles.
2021 Unilever's revenue increased to €52.444 billion, with net income rising to €6.621 billion, while workforce reduced to 149,000 employees.
November 2021 Unilever agreed to sell most of its tea business under the Ekaterra division to CVC Capital Partners for €4.5 billion, with the deal excluding tea businesses in India, Indonesia, Nepal, and the Lipton Ice Tea joint-venture with PepsiCo.
August 2021 Florida governor Ron DeSantis placed Unilever on a list of 'Scrutinized Companies that Boycott Israel' due to Ben & Jerry's decision to terminate business activities in Israeli-controlled territories.
July 2021 Ben & Jerry's announced plans to end sales in Occupied Palestinian Territory, creating tension with Unilever's leadership over the decision.
April 2021 Unilever established a new stand-alone beauty business called Elida Beauty, which will own and manage multiple personal care and beauty brands including Brut, Brylcreem, Timotei, and Pond's.
2020 Unilever joined 13 EU member states and over 60 companies in signing a pact to use recycled plastic for all plastic packaging and single-use plastic products by 2025.
2020 Revenue slightly decreased to €50.724 billion, with net income remaining stable at €5.581 billion and workforce increasing to 155,000 employees.
December 2020 Unilever decided to resume advertising on Facebook and its platforms in January, after determining that Facebook had made sufficient progress in changing its management and creating healthier digital environments.
November 30 2020 Unilever completed the unification of its corporate structure, resulting in one class of shares.
October 2020 99 percent of Unilever's UK arm shareholders agreed to base the group in London.
September 2020 Unilever's Dutch arm shareholders overwhelmingly voted to merge Unilever N.V. into Unilever PLC.
July 2020 Ben & Jerry's board resolved to end sales in Israeli settlements, but the resolution was not implemented by CEO Matthew McCarthy.
June 26 2020 Unilever announced it would halt advertising on Facebook, Instagram, and Twitter in response to concerns about hate speech and misinformation, citing their 'Responsibility Framework' and the polarized atmosphere in the United States.
April 2020 Completed merger with GlaxoSmithKline Consumer Healthcare (GSKCH India) after completing all legal procedures.
2019 Security forces hired by Unilever attacked striking workers at a facility in Durban, South Africa. The workers were peacefully picketing when they were shot with rubber bullets and paint balls, and pepper sprayed. Four workers were seriously injured during the confrontation.
2019 Unilever announced a plan to halve its non-recycled plastic packaging by 2025.
2019 Annual revenue slightly increased to €51.980 billion, with net income dropping to €5.625 billion and workforce decreasing to 153,000 employees.
2019 Unilever was cited by BreakFreeFromPlastic as one of the top ten global plastic polluters, producing 6.4 billion unrecyclable plastic sachets per year.
November 2019 Unilever announced Nils Andersen would replace Chairman Marijn Dekkers, who stepped down after three years.
March 2019 Hindustan Unilever faced social media criticism for a controversial Brooke Bond Red Label tea advertisement that depicted the Kumbh Mela as a place where elderly people are abandoned by their families. The backlash led to the trending hashtag '#BoycottHindustanUnilever' on Twitter.
January 2019 Alan Jope replaced Paul Polman as the chief executive officer of Unilever.
2018 Revenue declined to €50.982 billion, but net income dramatically increased to €9.389 billion, with workforce further reduced to 158,000 employees.
December 2018 Announced acquisition of GlaxoSmithKline India's consumer business for US$3.8 billion in an all-equity merger deal with a 1:4.39 ratio.
October 2018 Unilever acquired a 75% stake in the Italian personal-care business Equilibra and purchased The Laundress, a high-end, eco-friendly laundry and household cleaning products company.
October 5 2018 Unilever cancelled its planned restructuring to centralize headquarters in Rotterdam due to concerns about potential loss of value for UK shareholders and potential removal from the FTSE 100 Index.
2017 Unilever's revenue grew to €53.715 billion, with a significant increase in net income to €6.053 billion, while workforce reduced to 165,000 employees.
December 2017 Unilever acquired Schmidt's Naturals, a US natural deodorant and soap company. The company also sold its margarine and spreads division to investment firm KKR for €6.8bn, with the sale completed in July 2018, creating the new company Upfield.
November 2017 Unilever announced an agreement to acquire the Tazo specialty tea brand from Starbucks and acquired Sundial Brands, a skincare company.
October 2017 Unilever acquired the Brazilian natural and organic food business Mãe Terra.
September 2017 Unilever acquired Weis, an Australian ice cream business, and Remgro's interest in Unilever South Africa. The company also agreed to acquire Carver Korea, a skincare business brand, for 2.7 billion USD.
July 2017 Unilever acquired the organic herbal tea business, Pukka Herbs.
June 2017 Unilever acquired Hourglass, a colour cosmetics brand.

We are only showing the most recent entries for this topic.

This contents of the box above is based on material from the Wikipedia articles Hindustan Unilever, Unilever & Unilever Israel, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.

See Also