“Unilever Strengthens Packaged Food Portfolio with Acquisition of Sir Kensington’s Amid Strategic Shift in Condiments and Ice Cream”
This acquisition occurs as Unilever aims to enhance its position in the packaged food sector. The company has divested many of its underperforming legacy brands in recent years, including Bertolli, Ragu, Wish-Bone salad dressing, and Skippy peanut butter. Last month, shortly after successfully defending against a $143 billion takeover bid from Kraft-Heinz, Unilever announced plans … Read more