SOUTH KOREA > UK based Unilever has agreed to acquire Carver Korea for €2.27 billion ($2.67 billion) from Bain Capital Private Equity and Goldman Sachs

unilever logo Unilever has agreed for a €2.27 billion ($2.67 billion) acquisition of Carver Korea from Bain Capital Private Equity and Goldman Sachs. Carver Korea, originally an aesthetics company that supplies professional products to beauty salons, has had exponential growth in the last five years and high success rate through the sale of its brand, AHC. Carver’s recent sales revenue was €321m More …

UAE > Unilever opens $272.26Mn manufacturing facility in the UAE

unilever-svg British-Dutch multinational consumer goods company, Unilever opens AED 1bn ($272.26Mn) manufacturing facility at Dubai Industrial Park in UAE. The facility is supposed to create 400 jobs in coming months. The company said it will mark products manufactured at the factory with a ‘Made in UAE’ label and will export 80 percent of them to Europe and MENA (Middle East and North Africa) region. More …