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UN Unilever NV

60.50
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Name Symbol Market Type
Unilever NV NYSE:UN NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 60.50 0 01:00:00

Unilever Buys Brazil's Mae Terra Organic Food Business for Undisclosed Sum

02/10/2017 3:53pm

Dow Jones News


Unilever NV (NYSE:UN)
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    By Ian Walker 
 

Anglo-Dutch food and personal-care products company Unilever PLC (ULVR.LN) on Monday announced its third acquisition in less than a month with the purchase of Brazilian natural and organic food business Mae Terra for an undisclosed sum.

Mae Terra is a fast-growing brand in Brazil, providing health-conscious consumers with organic and nutritious food products since it was set up in 1979. It operates in several categories with a portfolio that includes organic cereals, cookies, snacks and culinary products.

Unilever, the owner of Hellmann's mayonnaise and Dove body products, last week agreed to buy Carver Korea, a Seoul-based maker of toners and moisturizers, for $2.7 billion. On Sept. 9 it bought Pukka Herbs for an undisclosed sum.

 

Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749

 

(END) Dow Jones Newswires

October 02, 2017 10:38 ET (14:38 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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