Unilever explores sale of Dutch brands like Unox, Conimex, sources say
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Unilever is considering selling some of its Dutch food brands, such as Unox and Conimex, as part of a strategy to focus on its major 'power' labels. This move is part of a turnaround strategy led by CEO Hein Schumacher.
November 14, 2024 | 11:15 am
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Unilever is considering selling some Dutch brands to focus on its core 'power' labels, which could streamline operations and potentially improve profitability.
The sale of non-core brands could allow Unilever to concentrate resources on its most profitable 'power' labels, potentially improving operational efficiency and profitability. This strategic move aligns with CEO Hein Schumacher's turnaround plan, which could positively impact investor sentiment and the stock price.
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