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UN Unilever NV

60.50
0.00 (0.00%)
03 May 2024 - Closed
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 Sells Meat Brands Bifi, Peperami to Jack Link's

21/02/2014 10:39am

Dow Jones News


Unilever NV (NYSE:UN)
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   By Ian Walker 

LONDON--Anglo-Dutch consumer products giant Unilever PLC (ULVR.LN) said Friday it is selling its meat snacks business, which includes the Peperami spicy sticks, to Jack Link's for an undisclosed sum.

The sale includes the Bifi brand, sold in Germany, Benelux, Austria and Switzerland, and Peperami, which retails in the U.K. and Ireland, Unilever said. The deal also includes the manufacturing unit in Ansbach, Germany, Unilever added.

"As we continue to sharpen our portfolio to deliver sustainable growth for Unilever, we believe that the potential of these two brands can now be more fully realized with Jack Link's," Jan Zijderveld, Unilever Europe President, said.

Shares in London at 0945 GMT were down 1 pence, or 0.04%, at 2437 pence in a higher FTSE 100 Index--up 0.43%.

-Write to Ian Walker at

ian.walker@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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