date:Jan 24, 2013
In a Jan. 23 conference call with analysts to discuss full-year results for fiscal 2012, Paul Polman, chief executive officer, said the company continues to shed the non-core and margin-dilutive parts of the (food) portfolio and will continue to do so.
The shedding of businesses began in December 2011, when Unilever completed the sale of its Mrs. Dash, Molly McButter, Sugar Twin, Bakers Joy, Static Guard and Kleen Guard brands to Parsippany, N.J.-based BG Foods, Inc. for $325 million in cash. T