Unilever: about to sell The Vegetarian Butcher
(CercleFinance.com) - Unilever reports a binding offer from Vivera for The Vegetarian Butcher, a brand that Unilever acquired in 2018 and which has since averaged double-digit growth, with a presence in over 55 markets worldwide.
As it stated at its 2024 investor meeting, Unilever is looking to refine its portfolio for long-term growth and scalability, focusing on fewer and larger brands.
The firm offer is subject to customary closing conditions, regulatory requirements and consultation processes. Completion is scheduled for Q3 2025. The financial terms of the deal were not disclosed.
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