KKR £6 billion acquisition of Unilever's spreads business

15/12/2017
Private acquisition

£ 6 billion

$ 8.17 billion

Announced

15/12/2017


Overview:

  • KKR has acquired Unilever's spreads business in a €6.8 billion deal.
  • The deal is thought to be the biggest European LBO in 2017.
  • The initial announcement of the auction came in April 2017.
  • The target company's business operates in 66 countries and had turnover of €3 billion in 2016.
  • It employs 2300 people and represents around 7% of Unilever's global business.
  • It includes brands such as Becel, Flora, Country Crock, Blue Band, I Can't Believe It's Not Butter, Rama and ProActiv.

Katrin Kostadinova - Data analyst 

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