Mergers and Acquisitions

The moves is part of an overall strategy to build stronger portfolios in four categories: beauty and wellness, personal care, home care and nutrition.

The company became interested in Finnish Long Drink for its established strong momentum and clear point of differentiation in the RTD space.

Several major consumer goods companies are continuing the trend of shifting their portfolios to focus on strong brands and categories through acquisitions.

Unilever will receive $15.7 billion in cash for the transaction, which is expected to close by mid 2027.

Del Monte Foods has sold off its business operations and assets following its bankruptcy filing last year.

Learn how the direct purchasing relationship will benefit both companies.

The company will invest the funds primarily across its North American business, optimizing efforts in marketing, sales and R&D.

They will consolidate a CPG and retail customer roster that includes Unilever, Southern Glazer's Wine & Spirits, Sanofi, AB InBev, Suntory Global Spirits and others.