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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Unilever Nv | LSE:UNV | London | Ordinary Share | NL0000388601 | NLG1.12 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.00 | - |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS No 3241b UNILEVER PLC UNILEVER NV 12th May 1998 UNILEVER ACQUIRES OUTSTANDING SHARES OF MEXICAN ICE CREAM BUSINESS Unilever Mexico has acquired the outstanding shares in Helados Holanda SA, a Mexican ice cream business, for an undisclosed sum. Unilever Mexico originally held 50.1% of Helados Holanda in a joint venture agreement, signed in January 1997, with Grupo Quan and Grupo Industrial Bimbo. Holanda is the market leader in Mexico and has sales of US$ 64million (#39m approx). It has manufacturing units in Mexico City and Aguas Calientes and employs some 500 people. At the same time Unilever will integrate most of the activities of Friser SA, its current distributor, into the Mexican ice cream business. Friser SA was part of a joint venture between Grupo Quan, Grupo Industrial Bimbo and Unilever, where Unilever held a minority interest. The Friser cold distribution network, comprising several depots, 600 vans and some 900 people will be integrated with the Holanda business. After only one year's operation Unilever, through its involvement with the original Holanda joint venture, has successfully introduced into Mexico its international ice cream brands, such as Magnum, Cornetto, Viennetta and Calippo. The acquisition of the remaining Holanda shares and Friser assets consolidates its position and will give Unilever a solid platform for future expansion in the fast growing market. e-mail: press-office.london@unilever.com internet: http://www.unilever.co END ACQFLGMKFZDLRMM
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