Unilever considering sale of Dutch brands including Unox and Conimex

Dutch consumer goods group Unilever is exploring the sale of a number of its Dutch brands, including Unox and Conimex, as it looks to streamline its portfolio and focus on its core businesses.

The move comes as Unilever has been under pressure from activist investor Nelson Peltz to improve its profitability and return more cash to shareholders.

Peltz, who joined Unilever's board in May 2022, has been critical of the company's performance and has called for a number of changes, including the sale of non-core businesses.

Unilever has not yet made a final decision on the sale of its Dutch brands, but it is understood to be in talks with a number of potential buyers.

The sale of Unox and Conimex would be a significant move for Unilever, as they are two of its most popular brands in the Netherlands.

Unilever has been under pressure to improve its profitability in recent years, as its sales growth has slowed and it has faced rising costs.

The company has already taken a number of steps to improve its performance, including cutting costs and selling off non-core businesses.

The sale of Unox and Conimex would be a further step in Unilever's efforts to streamline its portfolio and focus on its core businesses.

It is not clear how much Unilever could raise from the sale of Unox and Conimex, but it is likely to be a significant sum.

The sale of the brands would also allow Unilever to focus on its more profitable businesses, such as its personal care and food divisions.

Unilever is not the only consumer goods company to be considering the sale of its Dutch brands.

In recent months, Procter & Gamble has sold its Max Factor and CoverGirl brands to Coty, and Sara Lee has sold its Douwe Egberts coffee brand to JDE Peet's.

The sale of Dutch brands by consumer goods companies is a sign of the changing retail landscape in the Netherlands.

Dutch consumers are increasingly shopping online and at discount stores, which is putting pressure on the traditional grocery market.

This is making it more difficult for consumer goods companies to sell their products in the Netherlands, and is leading to a number of them considering the sale of their Dutch brands.