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Unilever PLC (ULVR)

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Monday 05 November, 2007

Unilever PLC

Sale of Boursin

Unilever PLC
05 November 2007


                                SALE OF BOURSIN

Paris, 5 November.- Unilever today announced that it had reached an agreement to
sell Boursin to Le Groupe Bel for EUR 400 million. The transaction, which is
subject to regulatory approval and a consultative process with the relevant
employee representatives, is expected to be completed in the next two to three

Kees van der Graaf, President Unilever Europe, said: 'Boursin has been a great
brand for Unilever with a tremendous product offering and some memorable
advertising. Having taken the decision to focus our portfolio on priorities
outside the cheese category, I am confident we have found a new owner that will
offer further growth and brand development opportunities for Boursin as part of
their dedicated and focused cheese business.'

'We are delighted with the acquisition of an iconic brand like Boursin, which is
a great addition to our very successful cheese portfolio. We are extremely
optimistic about our ability to grow both sales and market share,' notes Gerard
Boivin, CEO of Le Groupe Bel.

Approximately 150 Boursin employees, most of whom work in the factory in Pacy,
France, will transfer to Le Groupe Bel as part of the sales agreement. In 2007,
Boursin is expected to record sales of some EUR 100 million, of which
approximately half in France, with the remainder in other countries in Europe,
North America and Asia.

                                   - - - - -


For further information, please contact:

Sophie Jayet, National Communications Director, Unilever France
Telephone + 33 1 41 96 62 55

Tanno Massar, Media Relations Director, Unilever Europe
Telephone +31 10 217 4463


This announcement may contain forward-looking statements, including
'forward-looking statements' within the meaning of the United States Private
Securities Litigation Reform Act of 1995. Words such as 'expects',
'anticipates', 'intends' or the negative of these terms and other similar
expressions of future performance or results, including financial objectives to
2010, and their negatives are intended to identify such forward-looking
statements. These forward-looking statements are based upon current expectations
and assumptions regarding anticipated developments and other factors affecting
the Group. They are not historical facts, nor are they guarantees of future
performance. Because these forward-looking statements involve risks and
uncertainties, there are important factors that could cause actual results to
differ materially from those expressed or implied by these forward-looking
statements, including, among others, competitive pricing and activities,
consumption levels, costs, the ability to maintain and manage key customer
relationships and supply chain sources, currency values, interest rates, the
ability to integrate acquisitions and complete planned divestitures, physical
risks, environmental risks, the ability to manage regulatory, tax and legal
matters and resolve pending matters within current estimates, legislative,
fiscal and regulatory developments, political, economic and social conditions in
the geographic markets where the Group operates and new or changed priorities of
the Boards. Further details of potential risks and uncertainties affecting the
Group are described in the Group's filings with the London Stock Exchange,
Euronext Amsterdam and the US Securities and Exchange Commission, including the
Annual Report & Accounts on Form 20-F. These forward-looking statements speak
only as of the date of this announcement. Except as required by any applicable
law or regulation, the Group expressly disclaims any obligation or undertaking
to release publicly any updates or revisions to any forward-looking statements
contained herein to reflect any change in the Group's expectations with regard
thereto or any change in events, conditions or circumstances on which any such
statement is based.

                      This information is provided by RNS
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