UNILEVER PULLS IT OFF

Posted on by Chief Marketer Staff

Protracted negotiations with Bestfoods finally ended last month when the Englewood Cliffs, NJ-based company agreed to be acquired by British-Dutch conglomerate Unilever for $20.3 billion. Bestfoods, makers of such household names as Skippy Peanut Butter and Hellman’s Mayonnaise, had spurned earlier offers from Unilever, and had toyed with the idea of buying Campbell Soup Co. By adding Bestfoods to other recent acquisitions Ben & Jerry’s and Slim-Fast, Unilever becomes the world’s second-largest food company behind Nestle. Unilever food brands include Lipton, Ragu, and Bird’s Eye.

More

Related Posts

Chief Marketer Videos

by Chief Marketer Staff

In our latest Marketers on Fire LinkedIn Live, Anywhere Real Estate CMO Esther-Mireya Tejeda discusses consumer targeting strategies, the evolution of the CMO role and advice for aspiring C-suite marketers.

	
        

Call for entries now open

Pro
Awards 2023

Click here to view the 2023 Winners
	
        

2023 LIST ANNOUNCED

CM 200

 

Click here to view the 2023 winners!