Summary

  • Unilever PLC is a global brand in the fast-moving consumer goods (FMCG) industry in the world.
  • The company was founded over 100 years ago. Through an agreement reached on September 2, 1929, the constituents of Unilever – Jurgens, Van den Bergh, Calvé and Delft and Hartog, Lever Brothers, and Centra and Schicht, gave birth to Unilever. The name comes from ‘Uni’ of Margarine Union/Unie, and ‘Lever’ from Lever Brothers.
  • It is today’s FMCG giant that has over 400 brands available in 190 countries. The group has 300 factories of its own and another 700 third-party manufacturers. An estimated 2.5 billion people globally use Unilever’s products and brands.
  • Unilever depend on the 148,000 talented people all over the world. It has about 53,000 supplier partners around the world in 150 countries. Other committed partners of the company include customers, governments, NGOs and other organisations.
  • Financial year of Unilever ends on 31 December. Unilever has posted a profit of €52 billion, which is a 4.5% growth year-on-year. The company has reported operating profit of €8.7 billion in 2021, which was €8.3 billion in 2020, a growth of 4.8% year-on-year. Net profit of the company for the year ended 31 December, 2021 is €6.621 billion which was €6.073 billion in 2020.

Company Overview

Unilever PLC (LON:UVLR; AMS:UNA; NYSE:UL) is a global brand in the fast-moving consumer goods (FMCG) industry in the world. The company was founded over 100 years ago. It is one of the largest consumer goods companies globally. It is known for its great brands, global footprint and for doing business in a right way.1

unilever logo

The products of the company are available in around 190 countries in the world. About 3.4 billion use the products of Unilever every day; turnover of the company was €52 billion in 2021. It has 400 powerful brands worldwide. The company has 148,000 employees worldwide.

History of Unilever2

A dedicated historic home of Unilever is located at Port Sunlight, UK where a team is responsible for the management of Unilever Art, Archives and Records. According to the historic centre, the documents of Unilever dates as back as 1292.3 However, ‘material’ history of the company starts from 1990s.

To start with, it is to point towards the agreement that was signed in September, 1929 on the merger of Margarine Union and Lever Brothers Limited. Margarine Union was formed in 1927 by the Van den Bergh and Jurgens companies. The constituents of Margarine Union were based in Netherlands and they were conglomerates of a number of other Dutch and central European companies. The history of Van den Berghs and Jurgens companies is explained hereafter.

History of Van den Berghs

Simon Van den Bergh was the founder of this company. He entered his father’s barter trade at an early age. Later on, he started a thriving butter trade in the village Oss in Brabant, which he later decided to expand by exporting butter to England. In 1869, a butter substitute, margarine, made from animal fat, was invented by Mège Mouriès. Soon, Van den Bergh adopted the formula and crossed all their rivals in the same business to top the market. The development of hydrogenation, a technique for hardening vegetable oils made it possible to use a wide range of raw materials, not just animal fat. In 1891, Van den Bergh left Oss for new headquarters in Rotterdam, Netherlands.

Owing to the success of the company in late nineteenth century, and lack of financial backups in the family, Van den Bergh went public in London on 9 March, 1995, as it was easier to raise capital in London, and sold the previous partnership to the newly formed public limited company named ‘Van den Bergh’s Margarine Limited. Later in 29 May, 1897, the word Margarine was dropped to name the company Van den Berghs Limited. The English business then acted as a holding company for the family’s business interest.

The precedent for the creation of Margarine Union and then Unilever lies in a series of new company creation by Van den Bergh and some agreements. In 1919, Van den Berghs founded Van den Bergh's Fabrieken NV in Rotterdam to which the Dutch side of the family transferred their shares. The entire business then controlled Van den Bergh Group. A third company was introduced namely NV Hollandsche Vereeniging tot Exploitatie van Margarinefabrieken, whose shares were entirely held by the second company. An agreement among these three companies were signed that they will maintain a ratio in disbursing dividend, or any payment or liquidation money. The company then created two parent companies, one in England and another in Netherlands, in order to avoid problems like double taxation.

History of Jurgens Company

The history of Jurgens Company starts interestingly with the farmers paying them with butter in exchange of their carpentry works along the Dutch-German border. The Jurgens family repaired agricultural implements and farm utensils. The farmers lacked ready money hence paid them with butters which the Jurgens sold in the nearby towns. Seeing the profit in this, brother Willem, Jan and Leonard Jurgens moved to the Dutch town of Oss in 1801 to focus their attention on the butter trade.

The family business grew up and started producing margarine in 1870s. By the end of 1888, Jurgens as well as Van den Bergh was making margarine in Germany. Jurgens launched a branded margarine – Solo in 1899; in 1904, they succeeded in buying a competitor, A L Mohr of Hamburg. In the buying process, the Jurgens dodged its competitor, Van den Bergh. A general company, NV Anton Jurgens Vereenigde Fabrieken, was set up in 1906 to hold all the Jurgens’ interests in The Netherlands.

History of Lever Brothers

Lever Brothers was a British soap manufacturing company that started its journey in 1885 to become of the leading companies in the world. The company was founded by William Hesketh Lever and James Darcy Lever in 1885, as a starter it was a soap-making shop in Warrington. The brothers collaborated with Cumbrian chemist William Hough Watson, who invented a new formula for making soaps using glycerin and vegetable oils such as palm oil instead of tallow. The first soap was named ‘Honey Soap’ and later on renamed to ‘Sunlight Soap’. The demand was so high that production reached 450 tons by 1888. The company entered the US market in 1895 and in 3 years it bought a soap manufacturer in Cambridge, Massachusetts, the Curtis Davis Company. In 1925, Lever Brothers acquired Mac Fisheries, and by 1929, the company employed more than 1,000 workers in Cambridge and became third-largest soap manufacturer in the US.

The company introduced Lifebuoy soap in 1894 and ‘Lux’ in 1899. In American market, the brand Sunlight was a failure. But Lifebuoy, Lux and Rinso brought success to the company. Francis A. Countway helmed the American operation of the company. He understood very well that selling to the Americans is quite different from selling to the Europeans. He devised his new heavy promotional activities and served the company for 25 years. By 1919, the company was selling a million and a half cases of ‘Lux’ alone. Meanwhile, the parent company in England made a deal to finally become Unilever in association with Margarine Unie. The two companies would have a different set of shareholders but a single board of directors.

The pooling agreements

The three companies – Jurgens, Van den Bergh, and Lever Brothers, has been growing at their own paces at different places and in different markets. Meanwhile, in the early 20th century, Jurgens and Van den Bergh were rivals but they came to secretly pool their interests through an agreement reached on February 13, 1908. The reason behind this agreement was the stiff competition in England from Otto Monsted, as well as plentiful supply of margarine in The Netherlands. In summer of 1907, Jan Jurgens approached Arnold Van den Bergh with the proposal to cooperate closely. The agreement was roughly to split the profit into a ratio of 60:40 between Van den Bergh and Jurgens. However, although the talk was to sustain the agreement until 1926, it merely survived until 1913 when the division of profits were made equal.

During the WWI, the oils and fats industry were under direct control of the government since the later was using it in producing supplies of soap and margarine as well as glycerine, a by-product. The glycerine was used as explosives. In the post-war time, Jurgens started their own plant in England in 1917. They also started buying their own factories to extend their production. They successfully bought Olympia Oil mill in Yorkshire over the bid put forward by lever brothers. On the other side, Van den Bergh also extended their Fulham factory. But the boom did not last since Jurgens and Van den Bergh suffered for the slump in margarine market as well as high competition from not only Otto Monsted but from Lever Brothers.

In the meantime, the pooling agreement was renewed in October 1920 and was supposed to be maintained until 1940. An Entete Agreement was signed that included two more companies – Centra and Schicht by the end of 1920 to counter the ever-increasing competition.

The merger: Formation of Margarine Union

By 1927, the margarine industry was stagnant and showed no signs of recovery. Lengthy legal processes rendered the pooling agreement between Jurgens and Van den Bergh dysfunctional. Finally, Jurgens suggested the option that had been on the cards for so long – a merger. The merger was signed on 2 August, 1927. The merged company assumed a new name – Margarine Union.

Under a complicated system ensued by the tax system of the countries, the Union had to create two holding companies – one in The Great Britain, and other in the Netherlands. The system was that the British Government would not tax the profits given as dividend to the owners; but the tax system of The Netherlands would do so. Therefore, whilst parent company was in The Netherlands, they would pay tax in The Britain on its profits, and again when the profits were distributed as dividends, the Netherland’s government would tax them. Thus, the problem of double taxation existed. But when the ownership was split, the profits from British operation would not be double taxed anymore. Two holding companies were created under same board of directors – Margarine Union Limited and NV Margarine Unie in The Great Britain and The Netherlands, respectively.

Birth of Unilever

Originally, the negotiations between Margarine Union and Lever Brothers started in order to reach an agreement on the use of raw materials. The initial discussions were about the business lines of the companies. In 1928, it was suggested that Lever Brothers should transfer their margarine interests to the Margarine Union and the Margarine Union transfer its soap companies to Lever Brothers. This expanded into discussions about regulating supplies of raw materials and co-operation in oil milling and refining, the production of edible fats other than margarine, and the disposal of by-products.

The talk about amalgamation of the two companies’ interests were placed in several forms but none worked out as the financial structure of the companies were quite different – Lever Brothers consisted of preference shares while Margarine Union was of ordinary shares. However, John McDowell of Lever Brothers and Paul Rijkens of the Margarine Union eventually came up with a solution. The solution was such – the ordinary shares of Lever Brothers would be amalgamated with that of Margarine Union companies, so that control of the both organisations would be in the hands of the holders of ordinary shares of Lever Brothers and controlling shares of the Margarine Union companies.

The agreement was reached on 2 September, 1929 and came to be known as the Equalisation Agreement. It is still in force today. The holding companies were Unilever Limited and Unilever NV.

Thus, Unilever came into being on 1 January, 1930 as the agreement was enforced on this day.

From time to time, entities in the following figure have comprised what today is known as Unilever4 -

all the entities in unilever

Image gallery

1925, Van den Bergh depot in Fulham

Unilever house in 1931

1952 sunlight village

Timeline of Unilever

YearParticulars
1801

Brothers Willem, Jan & Leonard Jurgens, move to Oss in The Netherlands

to develop their butter trade

1819Simon Van den Bergh, founder of the family’s margarine business, born
1820Georg Schicht, founder of the family business, born
1848Schicht acquire permission to build a soap factory in Ringelshain, Bohemia
1851Birth of William Hesketh Leve
1854Gebroeders Jurgens company formed in The Netherlands
1869Invention of margarine by Mège Mouriès in France
1870Jacob and Henry Van den Bergh move to England
1871Jurgens family acquire the patent for making margarine
1882Schicht build a factory in Aussig, Central Europe
1884William Lever registers Sunlight trademark in the UK
1885Lever Brothers started by William Lever and his brother
1888Lever Brothers open a sales office in Sydney, Australia (Its first overseas.)
1890Lever Brothers becomes a private limited company in the UK
1891The Van den Bergh family leave Oss and move to Rotterdam
1895Van den Bergh establishes a public limited company, Van den Berghs Margarine Ltd in the UK
1897Merger of Calvé and Delft (France/Netherlands)
1898Vitello margarine launched by Van den Bergh in Germany
1899Jurgens launch Solo margarine in Germany
1904Sanella margarine launched by Van den Bergh in Germany
1906Jurgens set up NV Anton Jurgens' Vereenigde Fabrieken, comprising all the Jurgens interests in the Netherlands
19081st Pooling Agreement in The Netherlands
1912Centra formed in Central Europe
19132nd Pooling Agreement in The Netherlands
1916Blue Band launched in the UK by Van den Bergh
1917Jurgens margarine factory opens at Purfleet in the UK
1919Van den Bergh forms Van den Bergh's Fabrieken NV in Rotterdam, to which all the company’s continental interests are transferred
1920

Stork margarine is launched in the UK by Jurgen; 3rd Pooling Agreement in The Netherlands; The Little Entente signed between Jurgens, Van den Bergh,

Centra and Schicht; The Great Entente signed between Jurgens, Van den Bergh, Centra and Schicht.

1923Blue Band launched in the Netherlands
1924Rama margarine launched by Jurgens in Germany
1925Lux soap launched by Lever Brothers in the USA; Death of William Lever, 1st Viscount Leverhulme
1927Viking, the first vitaminised margarine, launched by Lever Brothers in the UK; Formation of the Margarine Union
1928Calvé-Delft joins Margarine Union in September; Schicht and Centra join Margarine Union at the end of the year
1929Hartog joins Margarine Union in January; Equalisation Agreement signed between Lever Brothers Limited and NV Margarine Union on 2 September
1930Unilever came into being on 1 January

Corporate profile

The company came into being in 1929 through the merger of Lever Brothers and Margarine Union/Unie. It is today’s FMCG giant that has over 400 brands available in 190 countries. The group has 300 factories of its own and another 700 third-party manufacturers. An estimated 2.5 billion people globally use Unilever’s products and brands.

Unilever operates in the consumer goods industry. The company produces and markets home care, personal care, foods and refreshment products. The personal care product line includes skincare, deodorants, hair care and oral care products. The home care segment provides powder, liquids, capsules, soap bars and so on. The foods and refreshment segment offers soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarine, and spreads. The refreshment segment provides ice creams and tea-based beverages. Largest selling brands of the company are Aviance, Axe/Lynx, Ben & Jerry's, Dove, Flora/Becel, Heartbrand, Hellmann's, Knorr, Lipton, Lux/Radox, Omo/Surf, Rexona/Sure, Sunsilk, Toni & Guy, TRESemmé, VO5 and Wish-Bone.5

Headquarter of the company is located in Unilever House 100 Victoria Embankment. The company is currently headed by Alan Jope, Chief Executive Officer and Director. Share price of the company hovers around £35 as on April 2022. Market capitalization of the company as on 1 April, 2022 is £90 billion. The company has about 30 acquisitions/subsidiaries.

Business strategy

Vision of the company is to be the global leader in sustainable business. The business purports to demonstrate how their purpose-led, future-fit business model drives superior performance, and consistently delivers financial results in the top third of the industry.

Business strategy is what makes a company stands out and it is what made Unilever a world-renowned company from a merged operation. The marketing strategy of Unilever is that it integrates its global strategies with the local community. The consumers are attracted since they get a hold on to the local essence of the products. Unilever’s marketing is rooted in ‘a brand with a purpose’. The tagline of Surf Excel, for example, is ‘dirt is good’. This has helped the brand foster in different forms. At the same time, the case of Brooke Bond Red Label depicted how a social conversation over a cup of tea (or perhaps just a sip) could bring a change in the social views of the tea lover. Therefore, due to such creative methods, Unilever’s brands, despite being one of the oldest, have continued to gain consumers’ confidence.6

some products of unilever

Unilever keeps sustainability at the heart of its business. It focuses on sustainable living plan for its consumers as well as climate change. The company has understood the importance of sustainability and incorporated it in all its work procedures and practices. The company believes in gender equality and has actively managed to maintain it throughout the recent decade. In 2010, only about 38% of the managerial positions were held by women whereas the number topped up in 2020 to 50%. The company focuses on eliminating inequality by removing stereotypes in its advertising.

The company has placed second in 2020 on the statistics of best employer for women.

best employer for women unilever

Unilever has been honoured as the top environmentally friendly company back in 2017. It has committed to reduce food waste from the factory to shelf by half by 2025.

The company is committed to build customer-centric business strategy. The company possesses the top brands and thus achieved a unique position in the customer’s mind.

Strategic choices and actions

The strategic choices of the company comprise the overall business strategy. Below are the listed actions that the company takes as its strategy. purpose and vision

  1. Develop portfolio into high growth spaces – hygiene, skin care, prestige beauty, functional nutrition, plant-based foods.
  2. Win with the brands as a force for good and powered by purpose and innovation – improve health of the planet, improve people’s health confidence and wellbeing, contribute to a fairer, more socially inclusive world, win with differentiated science and technology.
  3. Accelerate in USA, India, China and key growth markets. The company believes in the power of the consumers therefore it focuses on the population. China and India constitute about 36% of total world population. Therefore, Unilever leverage the emerging market strength by further scaling in USA, India and China.
  4. Lead in the channels of the future – accelerate pure-play and omnichannel eCommerce, develop eB2B business platforms, and drive category leadership through shopper insight.
  5. Build a purpose-lead, future-fit organisation and growth culture – unlock capacity through agility and digital transformation, be a beacon for diversity, inclusion and value-based leadership, build capability through lifelong learning.

The company believes in 5 growth fundamentals – purposeful brand, improved penetration, impactful innovation, design for channel, and fuel for growth.

Business model

The business model of the company can be discussed in three parts. First part involves the human relationships of the company. Unilever depend on the 148,000 talented people all over the world. It has about 53,000 supplier partners around the world in 150 countries. Other committed partners of the company include customers, governments, NGOs and other organisations. Second part include the resources that go into the production of the company. Input raw materials are thousands of tonnes of agricultural raw materials, packaging materials and chemicals from around the world. Financial resources come from all the financial stakeholders of the company who invest for long-term. Unilever also has intangible assets like 400+ brands, R&D facilities and intellectual properties like patents and trademarks. The company occupies around 280 factories, 270 offices, and 450 logistics warehouses globally.7

With the abovementioned resources and capabilities, the company embark into its production and marketing, sales and other processes. The stages of the business model are illustrated below –

business model of unilever

Step 1: The business of Unilever starts with customer insights. It listens to the customers through 37 People Data Centres around the world, through social media and traditional consumer research. The company believes that changing customer sentiment matters for them.

Step 2: The marketing and research team then uses the insights and input their best ideas and thinking from specialists to develop the products and brands of Unilever. The company spends a huge some in its research and innovation. For example, it has spent €847 million on R&D in 2021.

Step 3: The business sources raw materials for production and packaging. It also sources services such as media to run the business. Every year the company source raw materials and packaging materials worth €21 billion and €14 billion in services.

Step 4: The company turns the raw materials into final products in its own factory or in third party manufacturer’s factory.

Step 5: The logistics support network worldwide delivers the manufactured products to thousands of retailers.

Step 6: Marketing of the company uses advertisers globally to promote purposeful and inclusive brands.

Step 7: At this stage the company makes the products available to the consumers all over the 190 countries in the world. It uses the logistics channels, wholesalers, retailers and any other means to reach out to the customers.

Step 8: At the final stage, the consumers use the products and relay insights which the company collect and restarts the process of production from the beginning.

With those steps explained above, the company creates value for its shareholders, employees, consumers, customers, suppliers, business partners, and planet & society.

Risk analysis of Unilever

The risk of a business determines largely the future prospects of it. According to the analysis of the company, the principal risk of the company is climate change. The risks that could affect the business in short-term (two years), mid-term (three to ten years), and long-term (beyond ten years). Three risks are considered to have increased during this fiscal year –

  1. Business transformation is taking place in the company since it is trying to deliver a superior customer experience. The increased scale has caused by events like disposal of ekaterra, new organizational model, and the transformation of core business process.
  2. Economic and political instability have increased during the past years owing to the post-covid inflationary pressure, supply chain disruption and ongoing Covid-19 cases across different regions of the world.
  3. Systems and information risk has increased sing the cyber-attack industry is becoming increasingly professionalized.

The risk factors of the company are listed below along with their nature and the company’s attempt to mitigate them –

RiskNature of the risk
Brand preferenceSuccess of Unilever largely depends on the brand preference of the customers. But the fact is that consumer tastes, behavior and preferences are changing rapidly now than ever before. Consumers are preferring the brands that meet their needs and also has a social and environmental need.
Portfolio managementThe investment choices that the company makes largely determines its current and future success. The profitability of the company depends on the portfolio of its divisions, channels, and geographies.
Climate changeOperation of the company is significantly exposed to climate change threats that currently exist in the world. The governmental actions to reduce changes can affect the demand for the products of Unilever. Regulations over energy consumption (carbon emission), energy transformation, and increased price of energy may disrupt the operation of Unilever and increase costs.
Plastic packagingThe products of Unilever are packaged using plastic mostly. Several factors like recyclability of the plastics used in packaging, amount of recycled plastic, and amount of virgin plastic used are critical for the operation of the company. The environmental awareness of the customers, and governments can result into disrupted operation of Unilever.
CustomerThe relationship with customers determines the success of the business and continued growth. The management of customer relationships also determines the ability of the company to obtain pricing and competitive trade terms. However, Covid-19 has shown that more customers are driven to online shopping. Therefore, Unilever needs to develop ecommerce capabilities in order to remain competitive.
TalentA skilled workforce and agile ways of working are essential for the continued operation of the company. However, there is a risk that the employees of the company are not equipped with proper sets of skills. Also, loss of management or other key personnel or the inability to identify, attract and retain qualified personnel could make it difficult to manage the business and could adversely affect operations and financial results.
Supply chainPurchasing materials and efficient manufacturing and the timely distribution of products are some key to success for the company. Some physical disruption, industrial accidents, trade restrictions, or disruption of key suppliers are some risk factor that the company feel the risk of.
Systems and informationUnilever’s operation is increasingly becoming dependent upon IT systems and management of information. But the company considers that cyber-attack threat of unauthorized access and misuse of sensitive information is increasing therefore this risk factor of the company is increasing.
Economic and political instability

Unilever operates around the world and is exposed to economic and political instability that may reduce consumer demand for our products, disrupt sales operations and/or impact the profitability of our operations.

Government actions such as foreign exchange or price controls can impact on the growth and profitability of our local operations. Unilever has more than half of its turnover in emerging markets which can offer greater growth opportunities but also expose Unilever to related economic and political volatility.

Apart from these risks described above, the company is exposed to other kinds of risks such as legal and regulatory, ethical, treasury and tax, and business transformation risk.

Financial Performance

Financial year of Unilever ends on 31 December. Unilever has posted a profit of €52 billion, which is a 4.5% growth year-on-year. Based on sale volume, sales growth of the company is 1.6%. Sales of the company in 2020 was €50.7 billion, which is €52.4 billion 2021. The company has reported operating profit of €8.7 billion in 2021, which was €8.3 billion in 2020, a growth of 4.8% year-on-year. After paying all the finance costs and adjusting other incomes, the profit before taxation of the company becomes €8.556 billion, which was €7.996 billion a year earlier. Net profit of the company for the year ended 31 December, 2021 is €6.621 billion which was €6.073 billion in 2020.

Total non-current assets in the company’s balance sheet is reported €57.69 billion which was €51.502 billion a year earlier. Total current assets of the company during the year is reported €17 billion, which was €16.16 billion a year earlier. Total current liabilities of the company have increased from €20.59 billion in 2020 to €24.78 billion in 2021. Total balance of financial liabilities stayed almost static at €22 billion. Total non-current liabilities of the company at the end of 2021 is €55.35 billion which was €50 billion a year earlier. Shareholders’ equity of the company in 2021 is reported €17 billion, which was €15 billion. Total assets of the company reported in 2021 is €75 billion, which was €67.66 billion.

revenue segmentation of unilever

Total operating cash flow of the company stood at €7.97 billion in 2021, which was €9.06 billion a year earlier. The company has invested heavily in the last outgoing year which is negative €3.246 billion; it was negative €1.48 billion in 2020. The company has experienced negative cash flows in 2021 from financing activities, which is bigger than that of a year earlier. In 2021, the cash flow from financing activities of the company is negative €7.099 billion, which was negative €5.804 billion in 2020. Thus, the company ended up with less cash balance in 2021 than in a year earlier. The balances are €3.387 billion and €5.475 billion in 2021, and 2020, respectively.

Basic earnings per share (EPS) of the company is €2.33 in the latest year, while it was €2.13 a year earlier. Net asset value (NAV) per share of the company is negative €539.34 in the latest financial year. Revenue per share is €1,917.3; pre-tax profit per share is €285.48. Return on capital employed for the company is 25.11%; dividend yield and dividend per share growth rate is 2.62% and 9.63%, respectively. Price to earnings (P/E) ratio of the company is 21.57 times.

Recent developments

  • SAP, Unilever pilot blockchain technology to support deforestation-free palm oil production on 21 January, 2022. A SAP solution named GreenToken will increase further the traceability and transparency of Unilever’s global palm oil supply chain.
  • Unilever announced on 7 March, 2022 that it will be the first global Foods company to publicly report the performance of its product portfolio against at least six different government-endorsed Nutrient Profile Models (NPM) as well as its own Highest Nutritional Standards (HNS).
  • Unilever announced on 8 February, 2022 that it will sell its direct business in Thailand – Unilever Life, to RS Group.
  • A press release of the company discloses the sales growth of 4.5%, highest in nine years, on 10 February, 2022.
  • Unilever’s ice cream factory in TaiCang, China the first of its kind recognised as an ‘Advanced 4th Industrial Revolution Lighthouse’ by the World Economic Forum on 27 September, 2021.
  • Unilever announced on 26 April, 2021 that it has signed an agreement to acquire Onnit, a holistic wellness and lifestyle company, based in Austin, Texas (US).
  1. ^ https://www.unilever.com/our-company/at-a-glance/
  2. ^ https://www.unilever.com/files/origin/3d0982a9cc0a89b9b4834edc8023cb1e54477f4e.pdf/formation-of-unilever-brochure.pdf
  3. ^ https://www.unilever.com/our-company/our-history-and-archives/
  4. ^ For details history consult this pdf:
    https://www.unilever.com/files/origin/3d0982a9cc0a89b9b4834edc8023cb1e54477f4e.pdf/formation-of-unilever-brochure.pdf
  5. ^ https://www.devex.com/organizations/unilever-48862
  6. ^ https://thestrategystory.com/2021/05/19/unilever-business-strategy/
  7. ^ https://assets.unilever.com/files/92ui5egz/production/5e5eba8c5179bfcad19c3775a7f58db428bcaf91.pdf
Created by MD. TOUHIDUL ISLAM on 2022/04/01 09:57
     

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  97. CIPLA
  98. DE:TIMA
  99. EU:CCAP
  100. EU:HHFA
  101. FR:CEN
  102. FR:HCO
  103. GB:AAL
  104. GB:ABDN
  105. GB:ABF
  106. GB:ADM
  107. GB:AHT
  108. GB:ANTO
  109. GB:AUTO
  110. GB:AUY
  111. GB:AV
  112. GB:AVST
  113. GB:AVV
  114. GB:AZN
  115. GB:BA
  116. GB:BARC
  117. GB:BATS
  118. GB:BDEV
  119. GB:BHP
  120. GB:BME
  121. GB:BP
  122. GB:CCH
  123. GB:CPG
  124. GB:CTO
  125. GB:DARK
  126. GB:DGE
  127. GB:FERG
  128. GB:GLEN
  129. GB:HL
  130. GB:HSBA
  131. GB:IHG
  132. GB:III
  133. GB:IMB
  134. GB:INCH
  135. GB:NWG
  136. GB:NXR
  137. GB:OCDO
  138. GB:REL
  139. GB:RIO
  140. GB:RKT
  141. GB:SGE
  142. GB:SGRO
  143. GB:SKG
  144. GB:SMIN
  145. GB:SN
  146. GB:STAN
  147. GB:STJ
  148. GB:WPP
  149. Great Britain
  150. HK:0995
  151. HK:1052
  152. HK:107
  153. HK:189
  154. HK:548
  155. HK:819
  156. HK:995
  157. IN:3MINDIA
  158. IN:ADANITRANS
  159. IN:BHARATFORG
  160. IN:CIPLA
  161. IN:CROMPTON
  162. IN:GODREJIND
  163. IN:HDFCAMC
  164. IN:IDEA
  165. IN:INDUSTOWER
  166. IN:LICI
  167. IN:LUPIN
  168. IN:LUPINE
  169. IN:MFSL
  170. IN:MOFSL
  171. IN:MOTHERSUMI
  172. IN:MUTHOOTFIN
  173. IN:NATCOPHARM
  174. IN:NATIONALUM
  175. IN:NBCC
  176. IN:NESTLEIND
  177. IN:NIACL
  178. IN:NMDC
  179. IN:OBEROIRLTY
  180. IN:OFSS
  181. IN:PAGEIND
  182. IN:PAYTM
  183. IN:PEL
  184. IN:PETRONET
  185. IN:PFIZER
  186. IN:PGHH
  187. IN:PIDILITIND
  188. IN:PIIND
  189. IN:PNB
  190. IN:PNBHOUSING
  191. IN:POWERGRID
  192. IN:QUESS
  193. IN:RAMCOCEM
  194. IN:RELAXO
  195. IN:SAIL
  196. IN:SANOFI
  197. IN:SBILIFE
  198. IN:SIEMENS
  199. IN:SRF
  200. IN:SUPREMEIND
  201. IN:TATAPOWER
  202. IN:TECHM
  203. IN:TITAN
  204. IN:TORNTPHARM
  205. IN:TORNTPOWER
  206. IN:TRENT
  207. IN:TVSMOTOR
  208. IN:UBL
  209. IN:ULTRACEMCO
  210. IN:UNIONBANK
  211. IN:UPL
  212. IN:VBL
  213. IN:WHIRLPOOL
  214. IN:ZEEL
  215. India
  216. Ireland
  217. JP:1070
  218. JP:2654
  219. JP:4220
  220. JP:4734
  221. JP:6916
  222. SG:BCY
  223. SG:F13
  224. UK:IHG
  225. US:AABA
  226. US:AAOI
  227. US:AAPL
  228. US:AAUKF
  229. US:ABEO
  230. US:ABUS
  231. US:ACAD
  232. US:ACAN
  233. US:ACBFF
  234. US:ACDVF
  235. US:ACHN
  236. US:ACIA
  237. US:ACRX
  238. US:ADAP
  239. US:ADMP
  240. US:ADMS
  241. US:ADXS
  242. US:AEM
  243. US:AEZS
  244. US:AFMD
  245. US:AGEN
  246. US:AGI
  247. US:AGRX
  248. US:AGTK
  249. US:AKAO
  250. US:ALDR
  251. US:ALIM
  252. US:ALQA
  253. US:AMC
  254. US:AMD
  255. US:AMDA
  256. US:AMIGF
  257. US:AMMJ
  258. US:AMN
  259. US:AMPE
  260. US:AMRN
  261. US:AMRS
  262. US:AMZN
  263. US:ANCUF
  264. US:ANFGF
  265. US:ANLDF
  266. US:ANTH
  267. US:ANY
  268. US:APHQF
  269. US:AQMS
  270. US:AQN
  271. US:AQSZF
  272. US:ARDX
  273. US:ARGS
  274. US:ARLZ
  275. US:ARNA
  276. US:ARRY
  277. US:ARWR
  278. US:ASBFF
  279. US:ASHTF
  280. US:ATDRY
  281. US:ATHX
  282. US:ATNM
  283. US:ATOS
  284. US:ATRS
  285. US:AUPH
  286. US:AUY
  287. US:AVASF
  288. US:AVEO
  289. US:AVEVF
  290. US:AVGR
  291. US:AVIR
  292. US:AVP
  293. US:AVVIY
  294. US:AVXL
  295. US:AXON
  296. US:AXSM
  297. US:AZN
  298. US:BABA
  299. US:BAC
  300. US:BAESF
  301. US:BAM
  302. US:BBRY
  303. US:BCE
  304. US:BCOR
  305. US:BCS
  306. US:BHP
  307. US:BIOA
  308. US:BIOC
  309. US:BLCM
  310. US:BLDP
  311. US:BLEVF
  312. US:BLOZF
  313. US:BLPH
  314. US:BLRX
  315. US:BMO
  316. US:BMRPF
  317. US:BNS
  318. US:BP
  319. US:BPMX
  320. US:BSTG
  321. US:BTDPF
  322. US:BTE
  323. US:BTG
  324. US:BTI
  325. US:BW
  326. US:BZUN
  327. US:CALA
  328. US:CANN
  329. US:CAPR
  330. US:CARA
  331. US:CASC
  332. US:CATB
  333. US:CBDS
  334. US:CCJ
  335. US:CEI
  336. US:CERC
  337. US:CERU
  338. US:CHK
  339. US:CIE
  340. US:CLDX
  341. US:CLF
  342. US:CLOV
  343. US:CLSN
  344. US:CLVS
  345. US:CM
  346. US:CMPGF
  347. US:CNAB
  348. US:CNAT
  349. US:CNBX
  350. US:CNI
  351. US:CNQ
  352. US:CNSWF
  353. US:CORT
  354. US:CP
  355. US:CPRX
  356. US:CRBP
  357. US:CRIS
  358. US:CRMD
  359. US:CTRV
  360. US:CU
  361. US:CUR
  362. US:CVE
  363. US:CVSI
  364. US:CYCC
  365. US:CYTR
  366. US:CYTX
  367. US:DCTH
  368. US:DEPO
  369. US:DGEAF
  370. US:DMPI
  371. US:DRKTF
  372. US:DRYS
  373. US:DVAX
  374. US:DXTR
  375. US:DYLLF
  376. US:EARS
  377. US:ECYT
  378. US:EDIT
  379. US:EGLT
  380. US:EKSO
  381. US:ELVT
  382. US:ENB
  383. US:ENDP
  384. US:ENRT
  385. US:ETRM
  386. US:EVC
  387. US:EXEL
  388. US:FATE
  389. US:FB
  390. US:FERG
  391. US:FINL
  392. US:FIT
  393. US:FLXN
  394. US:FOLD
  395. US:FQVLF
  396. US:FRFHF
  397. US:FSV
  398. US:FTR
  399. US:FTS
  400. US:FVE
  401. US:FWDG
  402. US:GALE
  403. US:GALT
  404. US:GBHPF
  405. US:GBT
  406. US:GERN
  407. US:GFL
  408. US:GIB
  409. US:GILD
  410. US:GLDFF
  411. US:GLEN
  412. US:GLYC
  413. US:GME
  414. US:GNCA
  415. US:GNMX
  416. US:GOLD
  417. US:GPRO
  418. US:GSAT
  419. US:GVXXF
  420. US:GWLIFU
  421. US:HLTH
  422. US:HMNY
  423. US:HRGLF
  424. US:HRNNF
  425. US:HRTX
  426. US:HSBA
  427. US:HTGM
  428. US:HTZ
  429. US:HUSA
  430. US:ICPT
  431. US:IDRA
  432. US:IDXG
  433. US:IFCZF
  434. US:IHG
  435. US:IMBBF
  436. US:IMGN
  437. US:IMMU
  438. US:IMNP
  439. US:IMO
  440. US:IMUC
  441. US:INFI
  442. US:INPX
  443. US:INSM
  444. US:INVA
  445. US:ITEK
  446. US:IVITF
  447. US:JD
  448. US:JOBS
  449. US:JVA
  450. US:KAYS
  451. US:KEM
  452. US:KERX
  453. US:KGC
  454. US:KTOS
  455. US:KTOV
  456. US:LKM
  457. US:LODE
  458. US:LPCN
  459. US:LULU
  460. US:LXRP
  461. US:MACK
  462. US:MARA
  463. US:MBOT
  464. US:MBRX
  465. US:MDCL
  466. US:MDCO
  467. US:MEET
  468. US:MEIP
  469. US:MEOH
  470. US:MFC
  471. US:MGA
  472. US:MGWFF
  473. US:MNKD
  474. US:MOMO
  475. US:MQPXF
  476. US:MRNS
  477. US:MRTX
  478. US:MSFT
  479. US:MTRAFU
  480. US:MU
  481. US:MVIS
  482. US:MZOR
  483. US:NAK
  484. US:NBEV
  485. US:NBRV
  486. US:NEOS
  487. US:NG
  488. US:NH
  489. US:NLNK
  490. US:NMUS
  491. US:NTIOF
  492. US:NTNX
  493. US:NTR
  494. US:NVAX
  495. US:NVCN
  496. US:NVDA
  497. US:NVRO
  498. US:NWBO
  499. US:NWG
  500. US:NXTTF
  501. US:NYMX
  502. US:OCDGF
  503. US:OCLR
  504. US:OCUL
  505. US:OGRMF
  506. US:OMER
  507. US:ONCS
  508. US:ONTX
  509. US:ONVO
  510. US:OPGN
  511. US:OPHT
  512. US:OPK
  513. US:OPTT
  514. US:OTEX
  515. US:OTIC
  516. US:P
  517. US:PANXF
  518. US:PBA
  519. US:PBYI
  520. US:PETS
  521. US:PETX
  522. US:PGNX
  523. US:PHOT
  524. US:PIRS
  525. US:PLSE
  526. US:PLUG
  527. US:PLX
  528. US:PRTO
  529. US:PSDV
  530. US:PTI
  531. US:PTN
  532. US:PTX
  533. US:PUFXF
  534. US:PULM
  535. US:PVG
  536. US:QRSRF
  537. US:QSR
  538. US:RAD
  539. US:RBA
  540. US:RBGPF
  541. US:RCI
  542. US:RCKT
  543. US:RDHL
  544. US:RDUS
  545. US:RELX
  546. US:REPH
  547. US:RGLS
  548. US:RIGL
  549. US:RIO
  550. US:RNN
  551. US:RNVA
  552. US:ROX
  553. US:RSSFF
  554. US:RTTR
  555. US:RY
  556. US:SCYX
  557. US:SDRL
  558. US:SEGXF
  559. US:SENS
  560. US:SESN
  561. US:SGBY
  562. US:SGGEF
  563. US:SGMO
  564. US:SGYP
  565. US:SHOP
  566. US:SJR
  567. US:SKLN
  568. US:SLF
  569. US:SLFPF
  570. US:SMFTF
  571. US:SMGKF
  572. US:SNAP
  573. US:SNN
  574. US:SPHS
  575. US:SPLIF
  576. US:SPRWF
  577. US:SQ
  578. US:SRNA
  579. US:SRNE
  580. US:SRRA
  581. US:SSRM
  582. US:STJPF
  583. US:STLY
  584. US:STML
  585. US:STMP
  586. US:STN
  587. US:STRRF
  588. US:SU
  589. US:SWN
  590. US:SYN
  591. US:TAC
  592. US:TBQBF
  593. US:TD
  594. US:TECK
  595. US:TENX
  596. US:TEVA
  597. US:TFII
  598. US:TGOPF
  599. US:TGTX
  600. US:THCBF
  601. US:TK
  602. US:TMXXF
  603. US:TNDM
  604. US:TOP
  605. US:TRI
  606. US:TROV
  607. US:TRP
  608. US:TRTC
  609. US:TRVN
  610. US:TRXC
  611. US:TSG
  612. US:TSLA
  613. US:TTM
  614. US:TTNP
  615. US:TTNQY
  616. US:TU
  617. US:TVTY
  618. US:TWTR
  619. US:TXMD
  620. US:UBQU
  621. US:UNXL
  622. US:VAPE
  623. US:VBLT
  624. US:VCEL
  625. US:VDQSF
  626. US:VPCO
  627. US:VSTM
  628. US:WIT
  629. US:WLDFF
  630. US:WLL
  631. US:WMIH
  632. US:WMT
  633. US:WPM
  634. US:WPP
  635. US:WSPOF
  636. US:XGTI
  637. US:XON
  638. US:XTNT
  639. US:XXII
  640. US:ZGNX
  641. US:ZSAN
  642. US:ZYNE
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