Unilever PLC
09 March 2004
Release: Immediate
UNILEVER AGREES SALE OF
MEXICAN EDIBLE OIL BUSINESS
Unilever Mexico has agreed to sell its edible oils and white fats business to a
Mexican subsidiary of Associated British Foods plc, for US$ 110 million cash.
Subject to regulatory approval, the transaction is expected to be completed
within two months.
The brands transferring ownership are Capullo bottled canola oil, Mazola edible
oil and Inca white fat. Together they had sales in Mexico of some US$ 124
million in 2003. No personnel are transferring.
ACH Food Companies Inc, a US subsidiary of Associated British Foods plc,
acquired the Mazola and other brands in the US and Canada in 2002.
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March 9 2004
This information is provided by RNS
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