date:Sep 11, 2013
d personal care products often have higher growth, higher margins and higher exposure to emerging markets. As a result, Unilever has been shedding some of its North American food businesses and is looking at buying more home and personal care brands.
It sold Skippy peanut butter to Hormel Foods for $700 million in January and agreed in August to sell Wish-Bone salad dressings to Pinnacle Foods for $580 million. In August 2012, it sold its frozen meals business to ConAgra Foods for $267 million.