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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Unilever PLC | EU:UNA | Euronext | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.44 | 0.92% | 48.50 | 48.26 | 48.50 | 48.55 | 48.08 | 48.14 | 1,853,341 | 16:40:00 |
By Stephen Nakrosis
Unilever NV (UN) on Tuesday said the company acquired the holding company of U.K. healthy snacks brand graze.
Terms of the deal weren't disclosed.
Graze, which started as a snack box delivery service in 2008, now has its products available in retail stores, via e-commerce and direct to the consumer.
"Accelerating our presence in healthy foods and out of home this is an excellent strategic fit for the Unilever Food and Refreshment business, and a wonderful addition to our stable of purpose driven brands. We look forward to working with the graze team to grow the business, leveraging their tech and e-commerce expertise for our wider portfolio, and offering more consumers the opportunity to snack in a healthier way," said Nitin Paranjpe, president of Unilever's Food and Refreshment business.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
February 05, 2019 13:50 ET (18:50 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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