|HQ:||Unilever House, 100 Victoria Embankment, London EC4Y 0DY, United Kingdom|
|Traded as||LSE: ULVR|
|Predecessor||Lever Brothers and Margarine Unie|
|Founded:||2 September 1929|
|Founders:||William Lever, 1st Viscount Leverhulme
James Darcy Lever
Samuel van den Bergh
What is Unilever N.V.?
Unilever N.V. is a fast-moving consumer goods (FMCG) company and transnational enterprise based in Netherlands and the United Kingdom which focuses on the consumer household and personal products industry. It innovates and manufactures a wide variety of products which include food and beverage, personal care and beauty products as well as home care products.
Unilever N.V. owns over 400 different brands and is divided into three main specialized segments: Food and Beverage, Beauty and Personal Care and Home Care. The Food and Beverage segment engages in products such as sauces, soups, bouillons, spreads such as mayonnaise and margarines and salad dressings. Refreshments include tea-based beverages and ice cream.
Under the Beauty and Personal Care division, Unilever N.V. manufactures different hair and skin care products, as well as oral care products and deodorants. Finally, the Home Care segment produces a wide range of cleaning agents, soap bars and powders.
Unilever N.V. was founded in 1929 and was established through a merger of two companies. The name of the company serves as a portmanteau of Margarine Unie (for Uni) and Lever Brothers (for Lever).
During its early inception, Unilever first ventured into the food and healthcare industry starting with the products of the two companies—food and soap bars.
In 1943 Unilever acquired T.J. Lipton Frosted Foods and Batchelor’s Peas, which is the leading vegetables canners in the UK. One year later, it acquired Pepsodent, a personal care brand.
In 1961 the company acquired the Good Humor ice cream business. By the end of 1970s, Unilever was able to hold 30% of Western Europe’s ice cream market through this successful acquisition.
Unilever’s food and beverage industry expanded with the acquisition of Brooke Bond in 1984. Two years later in 1986, it explored the skin care market with the acquisition of Chesebrough-Ponds (a merger of Pond’s Creams and Chesebrough Manufacturing), Vaseline and Aqua-Net among others. In 1989 Unilever procured Calvin Klein Cosmetics, a brand specializing in beauty care.
In 1993 the company acquired Breyer, making Unilever the leading ice cream manufacturer in America during that time.
During the 2000s the company acquired Ben & Jerry’s and Slim Fast. It proceeded to buy Best Foods which expanded and diversified its Food and Beverages portfolio, as it was able to acquire other brands such as Knorr, Hellmann’s and Bovril.
In 2010 Unilever acquired other companies related to personal care and household products, which included TRESemmé, Alberto-Culver and Mrs. Dash.
In 2014 it made significant acquisitions of the Camay, Zest and Proctor & Gamble companies.
What are the main goals and objectives of Unilever?
Under its Sustainable Living Plan (USLP), Unilever N.V. envisions a global sustainable living environment and aims to achieve the following through its wide variety of products:
- help people around the world improve their health and well-being;
- reduce the carbon or environmental footprint of its products by half; and
- improve the livelihood of communities by responsibly and sustainably sourcing 100 per cent of its raw materials.
Unilever was founded 90 years ago by two commodity companies Margarine Unie, a Dutch margarine manufacturer and Lever Brothers, a British soap-making producer.
Alan W. Jope is currently the CEO and Executive Director of the company.
Unilever N.V. is a global leader in the consumer goods industry with known and trusted household-name brands present in seven out of ten homes worldwide. Innovating and producing “brands with a purpose,” it aims to achieve global sustainable living spaces through their products.
The company produces and manufactures foods and beverage which are nutritionally healthy and balanced, as well as affordable home care agents and cleaning products which fight disease and common illnesses.
Unilever operates in three segments and holds a diverse portfolio of brands for each one. Its Foods and Refreshments segment manufactures products under the brands Ben & Jerry’s, Knorr, Lipton, Heartbrand, Magnum and Breyers.
Its Beauty and Personal Care segment includes Lifebuoy, Sunsilk, Vaseline, Clear, Dove, Smile, Axe, Rexona and TRESemmé.
Finally its Home Care products include the brands Surf, Omo, Domestos, Cif, Seventh Generation and Sunlight.
Unilever N.V. also engages in water purification products under the brands Pureit, Truliva/Qinyuan and Blueair.
The company is listed in the London Stock Exchange and New York Stock Exchange. It is also included in the Financial Times Stock Exchange 100 Index.
How large is Unilever N.V.?
Unilever is considered as the most established and largest purchaser merchandise corporation by sales revenue globally. In 2018, Unilever N.V. was able to hit a net income of €9.808 billion, with total assets of €59.456 billion and a total equity of €12.292 billion. As of 2019, it has over 155,000 employees working towards world sustainability.
How many countries does Unilever operate in?
Unilever N.V. operates in more than 100 countries, marketing and selling its products in over 190 countries worldwide.
Where is the headquarters of Unilever?
The main headquarters of Unilever N.V. is located at Weena 455, PO Box 760, Rotterdam 3000 DK, Netherlands.
Where is Unilever in the UK?
The UK office of Unilever is located at Burton Plant, Wellington Road, Burton-on-Trent DE14 2AB, United Kingdom.
Phone: +31 102174000
Fax: +31 102174798
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