Company News, Financial News

Unilever Exits North American Pasta Sauce Business

Completes $2.15 billion sale to Mizkan.

Unilever today announced that it has completed the sale of its North America pasta sauces business under the Ragu and Bertolli brands to Mizkan Group.



On May 22, the two companies announced the agreement for a total cash consideration of approximately $2.15 billion, including two production facilities.

 

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