Only Popsicle Jolly Rancher products marked for individual sale are impacted Unilever in the United States is recalling approximately 137,000 cases of Popsicle Jolly Rancher Frozen Confection Pop products (single serve offerings) because the products may contain milk, which is not listed as an ingredient on the label. Persons who have an allergy or severe sensitivity to milk run the risk of a serious or life-threatening allergic reaction if they consume this product. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240821410508/en/(Photo: Business Wire) The only impacted products are Popsicle Jolly Rancher Frozen Confection Pop

CPG Executive Alfie Vivian Named CEO of Newly Independent CompanyYellow Wood Extends Position as Leading Health and Beauty Investor with Global Brand Portfolio Retail Sales of Over $3 BillionBOSTON, June 6, 2024 /PRNewswire/ -- Yellow Wood Partners LLC ("Yellow Wood"), a Boston-based private equity firm focused on investing in consumer brands and companies, today announced that it has completed the acquisition of Elida Beauty brands from Unilever (NYSE:UL). The Elida Beauty portfolio of storied consumer brands includes Q-tips®, Caress, Ponds and St. Ives (for North America and Europe only), Impulse, Noxzema, Monsavon, and Timotei, among others. The new company has global reach with offices i

Unilever's Personal Care brands – Axe, Degree, Dove, and Dove Men+Care – named Official Sponsors of CONMEBOL Copa América USA 2024™ This marks the first time Unilever has sponsored the tournament. A range of sponsorship activations and one-of-a-kind experiences across the brands will generate excitement for the upcoming tournament. Unilever has officially announced its partnership with CONMEBOL Copa América USA 2024™, with four Personal Care brands named as Official Sponsors. Axe, Degree, Dove, and Dove Men+Care will be integrated throughout the tournament, which will span 14 cities in the United States from June 20 to July 14. The partnership aligns with our Personal Care portfol

Company selected by U.S. Department of Energy for award negotiations Unilever today announced that a major project to significantly reduce carbon emissions at its Ice Cream Business Group's four U.S. factories has been selected by the U.S. Department of Energy for award negotiations of up to $20.9 million of support. The proposed project would cut 14,000 metric tons of carbon emissions per year, a major step in moving toward carbon neutrality for the factories that produce Ben & Jerry's, Talenti, Magnum, Breyers and other leading brands. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240325246937/en/The facility upgrades will

Fourth brand carve-out over four years adds Q-tips®, Impulse, Caress, Tigi, Timotei, Monsavon, Brut, and Alberto Balsam to Yellow Wood Portfolio BOSTON, Dec. 18, 2023 /PRNewswire/ -- Yellow Wood Partners LLC ("Yellow Wood"), a Boston-based private equity firm focused on investing in consumer brands and companies, today announced a binding offer to acquire Elida Beauty, a portfolio of brands from Unilever (NYSE:UL). The Elida Beauty portfolio includes Unilever brands Q-tips®, Impulse, Caress, Tigi, Timotei, Monsavon, Brut, Moussel, Alberto Balsam, and VO5. Tad Yanagi, Partner at Yellow Wood Partners, commented, "We are excited to work with Unilever's Elida Beauty team on the carve out and le

Names Seasoned Retail and Consumer Products Executives Ted McCormick as Chief Financial Officer, Geralyn Breig as President, North America, and Will Cornock as Chief Strategy and Transformation Officer Revlon Group Holdings LLC ("Revlon" or the "Company") today announced a series of strategic executive hires as it progresses with the transformation of its business. The new appointments include: Ted McCormick, Chief Financial Officer: Mr. McCormick has over 25 years of experience in finance roles at public and PE-backed consumer brand companies, including as CFO of Real Truck, The Bountiful Company and Roland Foods, as well as senior finance roles at Unilever (NYSE:UL). Geralyn Brei

Unilever United States Inc. is voluntarily recalling select Knorr Sopa Soup Mix products because the products may contain egg, which is not listed as an ingredient on the label. Persons who have an allergy or severe sensitivity to egg run the risk of a serious or life-threatening allergic reaction if they consume these products. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230810348834/en/(Photo: Business Wire) The following products are subject to recall: Product Best if Used by Date* Size GTIN/UPC Knorr Estrellitas con Tomate Tomato Based Star Pasta Soup Mix   Dates prior to and includ

Newly formed stand-alone platform Suave Brands Company is led by CEO Daniel Alter, experienced consumer goods executive with Unilever BOSTON, May 9, 2023 /PRNewswire/ -- Yellow Wood Partners LLC ("Yellow Wood"), a Boston-based private equity firm focused on investing in consumer brands and companies, has completed the previously announced acquisition of the beauty and personal care brand, Suave, in North America from Unilever (NYSE:UL). With the completion of the transaction, Yellow Wood Partners is creating the Suave Brands Company (SBC), a newly formed stand-alone business created to support the Suave brand under the leadership of newly appointed CEO Daniel Alter, a 20-year Unilever vetera

Yellow Wood continues its success executing corporate carveout transactions and transitioning brands from multinational consumer companies BOSTON, Feb. 14, 2023 /PRNewswire/ -- Yellow Wood Partners LLC ("Yellow Wood"), a Boston-based private equity firm focused on investing in consumer brands and companies, today announced that it has signed a definitive agreement with Unilever (NYSE:UL) to acquire its beauty and personal care brand, Suave, in North America. The transaction is anticipated to be completed in the second quarter of 2023. Dana Schmaltz, Partner of Yellow Wood Partners, said, "We are excited to have created a strong working relationship with Unilever in this transaction. Yellow W

Unilever has today announced the sale of its Suave brand in North America to Yellow Wood Partners LLC. The Suave beauty and personal care brand includes hair care, skin care, skin cleansing and deodorant products. Esi Eggleston Bracey, President of Unilever USA and CEO of Unilever Personal Care North America, said, "This is another step on our path to shift our portfolio towards strategic growth spaces. Suave has been a much-loved brand since the 1930s, and I am confident it will continue to thrive and serve consumers under its new ownership in North America." Dana Schmaltz, Partner of Yellow Wood Partners, said, "Suave is ubiquitously recognized for its long history of providing accessib

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6-K - UNILEVER PLC (0000217410) (Filer)

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CPG Executive Alfie Vivian Named CEO of Newly Independent CompanyYellow Wood Extends Position as Leading Health and Beauty Investor with Global Brand Portfolio Retail Sales of Over $3 BillionBOSTON, June 6, 2024 /PRNewswire/ -- Yellow Wood Partners LLC ("Yellow Wood"), a Boston-based private equity firm focused on investing in consumer brands and companies, today announced that it has completed the acquisition of Elida Beauty brands from Unilever (NYSE:UL). The Elida Beauty portfolio of storied consumer brands includes Q-tips®, Caress, Ponds and St. Ives (for North America and Europe only), Impulse, Noxzema, Monsavon, and Timotei, among others. The new company has global reach with offices i

Unilever has today announced the sale of its Suave brand in North America to Yellow Wood Partners LLC. The Suave beauty and personal care brand includes hair care, skin care, skin cleansing and deodorant products. Esi Eggleston Bracey, President of Unilever USA and CEO of Unilever Personal Care North America, said, "This is another step on our path to shift our portfolio towards strategic growth spaces. Suave has been a much-loved brand since the 1930s, and I am confident it will continue to thrive and serve consumers under its new ownership in North America." Dana Schmaltz, Partner of Yellow Wood Partners, said, "Suave is ubiquitously recognized for its long history of providing accessib

DZ Bank upgraded Unilever PLC from Hold to Buy

RBC Capital Mkts downgraded Unilever PLC from Sector Perform to Underperform

BofA Securities upgraded Unilever PLC from Underperform to Buy and set a new price target of $72.00 from $47.00 previously

TD Cowen initiated coverage of Unilever PLC with a rating of Buy and set a new price target of $67.00

Redburn Atlantic upgraded Unilever PLC from Neutral to Buy

JP Morgan upgraded Unilever PLC from Underweight to Overweight

Morgan Stanley downgraded Unilever PLC from Equal-Weight to Underweight and set a new price target of $48.00 from $52.00 previously

Jefferies downgraded Unilever PLC from Buy to Underperform

Bernstein upgraded Unilever PLC from Underperform to Mkt Perform

Barclays upgraded Unilever PLC from Equal Weight to Overweight