Stratrix
On the Record · Unilever N V

Unilever N V acquisitions, on the record

The businesses Unilever N V bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Spreads business
Word for word“In 2017 we announced the disposal of our Spreads business to KKR for € 6.825 billion on a cash-free, debt-free basis.” 20-F for 2017
agreed divestiture—€ 6.825 billion
Carver Korea
Word for word“During 2017, we announced the acquisition of Carver Korea for € 2.28 billion, the fastest growing skincare business in South Korea giving access to the North Asian skincare markets.” 20-F for 2017
agreed acquisitionDuring 2017€ 2.28 billion
Hourglass
Word for word“Hourglass, a luxury colour cosmetics brand, Schmidt’s Naturals deodorant brand and Sundial Brands, a US hair care and skin care company serving multicultural and millennial consumers were acquired in 2017.” 20-F for 2017
acquisition2017—
Quala S.A. home care and personal care business
Word for word“Meanwhile, we announced an agreement to acquire the personal care and home care business of Quala S.A. in 2017 which will bring leading local brands to Unilever in north Latin America in haircare, oral care, male grooming and fabric conditioners.” 20-F for 2017
agreed acquisition2017—
Pukka Herbs
Word for word“We also acquired Pukka Herbs, the world’s fastest growing organic tea brand, to continue the process of premiumising our tea portfolio.” 20-F for 2017
acquisition——
Sir Kensington’s
Word for word“Sir Kensington’s, another acquisition during the year, is a US condiments business in the organic and naturals segment with a strong millennial consumer base that complements Unilever’s sustainable sourcing policies and further modernises the Foods portfolio.” 20-F for 2017
acquisitionduring the year—
Weis (ice cream business in Australia)
Word for word“We also added to our ice cream brands with the acquisition in Australia of Weis which uses locally sourced, natural and high quality ingredients.” 20-F for 2017
acquisition——
South Africa spreads business
Word for word“During 2017 we also announced the sale of the South Africa spreads business to Remgro and completed the sale of AdeS in Latin America to Coca Cola FEMSA and The Coca Cola Company for US$575 million.” 20-F for 2017
agreed divestitureDuring 2017—
AdeS in Latin America
Word for word“During 2017 we also announced the sale of the South Africa spreads business to Remgro and completed the sale of AdeS in Latin America to Coca Cola FEMSA and The Coca Cola Company for US$575 million.” 20-F for 2017
divestitureDuring 2017US$575 million
Mãe Terra
Word for word“Our recently acquired businesses – Sir Kensington’s in the US and Mãe Terra in Brazil – are well aligned to our Sustainable Nutrition strategy.” 20-F for 2017
acquisition——
GlaxoSmithKline's Health Food Drinks portfolio, including Horlicks
Word for word“we were delighted at the end of last year to announce the acquisition of GlaxoSmithKline's Health Food Drinks portfolio, including its iconic Horlicks brand in India and the rest of Asia, further increasing our presence in the highly attractive health-food category.” 20-F for 2018
agreed acquisitionend of last year—
Quala S.A
Word for word“The acquisition of Quala S.A completed in February 2018.” 20-F for 2018
acquisitioncompleted in February 2018—
Equilibra
Word for word“In October we completed the acquisition of a 75% stake in the Italian personal care business Equilibra which has a growing presence in the natural skin and hair care segments.” 20-F for 2018
acquisitionin October—
Vegetarian Butcher (Netherlands)
Word for word“The Unilever Group acquired Adityaa Milk, Equilibra, Betty Ice, Denny Ice and Vegetarian Butcher on 27 September 2018, 1 October 2018, 1 November 2018, 3 December 2018 and 31 December 2018, respectively, and management excluded from its assessment of the effectiveness of the Unilever Group's internal control over financial reporting as of 31 December 2018, Adityaa Milk, Equilibra, Betty Ice, Denny Ice and Vegetarian Butcher's internal control over financial reporting associated with approximately 0.5% of the Unilever Group's total assets and approximately 0.02% of the Unilever Group's turnover included in the Consolidated Financial Statements of the Unilever Group as of and for the year ended 31 December 2018.” 20-F for 2018
acquisition31 December 2018—
Adityaa Milk (India)
Word for word“The Unilever Group acquired Adityaa Milk, Equilibra, Betty Ice, Denny Ice and Vegetarian Butcher on 27 September 2018, 1 October 2018, 1 November 2018, 3 December 2018 and 31 December 2018, respectively, and management excluded from its assessment of the effectiveness of the Unilever Group's internal control over financial reporting as of 31 December 2018, Adityaa Milk, Equilibra, Betty Ice, Denny Ice and Vegetarian Butcher's internal control over financial reporting associated with approximately 0.5% of the Unilever Group's total assets and approximately 0.02% of the Unilever Group's turnover included in the Consolidated Financial Statements of the Unilever Group as of and for the year ended 31 December 2018.” 20-F for 2018
acquisition27 September 2018—
Betty Ice (Romania)
Word for word“The Unilever Group acquired Adityaa Milk, Equilibra, Betty Ice, Denny Ice and Vegetarian Butcher on 27 September 2018, 1 October 2018, 1 November 2018, 3 December 2018 and 31 December 2018, respectively, and management excluded from its assessment of the effectiveness of the Unilever Group's internal control over financial reporting as of 31 December 2018, Adityaa Milk, Equilibra, Betty Ice, Denny Ice and Vegetarian Butcher's internal control over financial reporting associated with approximately 0.5% of the Unilever Group's total assets and approximately 0.02% of the Unilever Group's turnover included in the Consolidated Financial Statements of the Unilever Group as of and for the year ended 31 December 2018.” 20-F for 2018
acquisition1 November 2018—
Denny Ice (Bulgaria)
Word for word“The Unilever Group acquired Adityaa Milk, Equilibra, Betty Ice, Denny Ice and Vegetarian Butcher on 27 September 2018, 1 October 2018, 1 November 2018, 3 December 2018 and 31 December 2018, respectively, and management excluded from its assessment of the effectiveness of the Unilever Group's internal control over financial reporting as of 31 December 2018, Adityaa Milk, Equilibra, Betty Ice, Denny Ice and Vegetarian Butcher's internal control over financial reporting associated with approximately 0.5% of the Unilever Group's total assets and approximately 0.02% of the Unilever Group's turnover included in the Consolidated Financial Statements of the Unilever Group as of and for the year ended 31 December 2018.” 20-F for 2018
acquisition3 December 2018—
Alsa
Word for word“(b) 2019 includes a gain of € 57 million relating to the disposal of Alsa.” 20-F for 2019
divestiture——
Health Food Drinks portfolio from GlaxoSmithKline, including the Horlicks and Boost brands
Word for word“However, the acquisition of the Health Food Drinks portfolio from GlaxoSmithKline, including the Horlicks and Boost brands, is significantly larger than the ‘bolt-on’ M&A investment strategy included in the original target assumptions.” 20-F for 2019
agreed acquisition——
Astrix, Lenor Japan and FruFru
Word for word“The Unilever Group acquired Astrix, Lenor Japan and FruFru on 30 August 2019, 1 October 2019 and 1 October 2019 respectively, and management excluded from its assessment of the effectiveness of the Unilever Group’s internal control over financial reporting as of 31 December 2019 Astrix, Lenor Japan and FruFru’s internal control over financial reporting associated with approximately 0.25% of the Unilever Group’s total assets and approximately 0.03% of the Unilever Group’s turnover included in the Consolidated Financial Statements of the Unilever Group as of and for the year ended 31 December 2019.” 20-F for 2019
acquisition30 August 2019, 1 October 2019 and 1 October 2019 respectively—

Read from Unilever N V’s annual reports (20-F for 2019, 20-F for 2018, 20-F for 2017) and the financial data it files with the SEC, as of 2020-03-09. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.