 "Hindustan Unilever to merge food, refreshment units from July 1")
Two years after splitting its foods and refreshment business into two divisions, Hindustan Unilever (HUL), the country’s largest consumer goods company, is now bringing it back together again, citing global portfolio alignments.
In a statement on Tuesday, HUL said the integration of foods and refreshment would be effective from July 1 and would increase organisational agility apart from bringing the advantages of scale to the business.
“Foods and refreshment lend significant scale to Unilever in the region and will continue to be a strategic priority for the company. The integration will help drive synergies and help the company in being more consumer-centric,”
