Acquisition closed
Unilever acquires Hellmann's, Knorr and Maizena
Unilever acquired Bestfoods, the American food group behind Knorr and Hellmann's, in what was then the largest cash acquisition in the food industry. The European Commission cleared the deal in Phase I subject to divestiture commitments.
- Value
- $24.3bn
- Buyer
- Unilever
- Seller
- Bestfoods
- Regulatory
- Cleared with remedies