Unilever reportedly exploring the sale of food brands, including Unox and Conimex
Unilever, one of the world's largest consumer goods companies, is reportedly exploring the sale of its food brands, including Unox and Conimex, as part of a wider strategic review.
The potential sale of these brands comes as Unilever focuses on its core businesses and looks to shed non-core assets.
According to sources close to the matter, Unilever has been in talks with potential buyers for its food brands, which also include brands like Zwan and De Vegetarische Slager.
It is believed that Unilever could sell these brands for several billion euros, which would help the company reduce its debt and invest in growth areas.
The sale of Unilever's food brands would be a significant move, as these brands have been part of the company's portfolio for many years.
However, it is thought that Unilever believes that the sale of these brands would allow it to focus on its core businesses and improve its overall financial performance.
It is unclear at this stage who might be interested in acquiring Unilever's food brands, but it is thought that private equity firms and other food companies could be potential buyers.
The sale of Unilever's food brands is still at an early stage, and it is possible that no deal will be reached.
However, the reports of a potential sale have raised questions about the future of these brands and the impact it could have on Unilever's overall business.
Unilever has declined to comment on the reports.