Unilever’s ice cream business will now be under separate ownership as the company focuses on four primary groups: Beauty & Wellness, Personal Care, Home Care, and Nutrition.
The Montana-based backpack manufacturer will continue to operate out of its Bozeman headquarters, with plans to integrate teams and functions rolled out over the next several months.
Danone is stepping back from its U.S.-based premium organic dairy category. It sold off the segment of business to U.S. investment firm Platinum Equity.
Unilever is continuing to optimize its brand portfolio with the purchase of premium hair care brand K18. Meanwhile, the company is selling off personal care brand, Elida Beauty.