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Unilever to sell its Spreads business to KKR for €6.825 bilion

Completion is expected mid-2018

Unilever to sell its Spreads business to KKR. Unilever stressed that divestment will allow us to focus better on the highest growth business. Unilever spreads business includes brands such as Becel, Flora, Country Crock, Blue Band, I Can not Believe It's Not Butter, Rama and ProActiv. It operates in 66 countries worldwide. In 2016, the company recorded revenues of 3,032 million euros, an Ebitda...

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EFA News - European Food Agency