Announced
Completed
Financials
Tags
Acquisition
Private Equity
Natural
Completed
Food Products
United Kingdom
spreads
Private
food producer
Single Bidder
Synopsis
KKR, a private equity firm, to acquire Spreads for $7.6bn from Unilever, one of the world’s leading suppliers of Beauty & Personal Care, Home Care and Food and Refreshment products, on a cash-free, debt-free basis. “There is positive momentum in the performance of the Spreads business and we are excited about continuing this journey with KKR. We are confident that our business and the entrepreneurial spirit of our people will thrive further under new ownership.” Nicolas Liabeuf, Spreads CEO.
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