Unilever

Global Hiring Freeze! Why Unilever has paused hiring globally | West Asia war | Jobs

Unilever has imposed a global hiring freeze across all levels for at least three months, citing mounting business challenges from the escalating conflict in West Asia.

Unilever and McCormick agree deal to create $65 billion food giant

The UEWC said it would turn to the trade unions it works with to discuss what action might be taken if Unilever does not "find good solutions for affected employees"

Unilever imposes global hiring freeze citing West Asia conflict impact

The London-based company said in a statement that it had introduced a temporary pause on recruitment due to an 'uncertain external environment,' adding that it would adjust plans as needed

Magnum Ice Cream Company completes 61.9% stake buy in Kwality Wall's

TMICC completes acquisition of majority stake in Kwality Wall's India from Unilever, with mandatory tender offer underway and listing to continue on Indian bourses

Magnum Ice Cream acquires 61.9% majority stake in Kwality Wall's India

Magnum Ice Cream Netherlands has completed the acquisition of a 61.9 per cent majority stake in Kwality Wall's (India) Ltd (KWIL), resulting in a change in the promoter classification. "On 30th March, 2026, the Incoming Promoter acquired the Sale Shares from the Outgoing Promoters in accordance with the SPA and other applicable laws," KWIL said in a regulatory filing. Pursuant to this transaction, the Incoming Promoter has acquired control over the company and is classified as a "promoter" of the company in accordance with the Listing Regulations, it added. Meanwhile, the outgoing promoters have been reclassified from the "promoter" category to the public category. This acquisition is done as per the Share Purchase Agreement (SPA) executed on June 25, 2025, which includes The Magnum Ice Cream Company Netherlands BV and Unilever PLC, among others. The "incoming Promoter (Magnum) agreed to acquire an aggregate of 145.44 crore equity shares of KWIL" representing 61.9 per cent of the

Unilever in talks to sell food business to McCormick by March end

A deal between the Anglo-Dutch consumer goods company and the Maryland-based spices and seasonings maker could come together by the end of the month

Unilever plans to boost CEO pay, overhaul incentives to attract US talent

In 2026, if CEO Fernando Fernández hits the top performance target, his pay could exceed $21 million; if Unilever's share price also rises 50%, his compensation may surpass $26 million

India market shows strong volume growth for Unilever, says CEO Fernandez

British multinational consumer goods maker said "fundamentals" of its business in India, its second largest market after the US, are improving. In the fourth quarter, Unilever, in the home care segment, reported a 4.7 per cent underlying sales growth along with a volume growth of 4 per cent, which, according to the company, was supported by "continued strong volume in India". "India was a key contributor to this momentum, with Home Care delivering mid-single-digit volume growth, led by strong performance in liquids across fabric wash and household care, and reaching its highest ever market share," said its CEO, Fernando Fernandez, in Unilever's earnings calls for the fourth quarter. Fernandez said across geographies US and India are clear "anchor markets" for Unilever. Replying to a query over growth, he said: "India, it's improving both in terms of economic backgrounds and the fundamentals of the business, particularly the strengthening of our brand equities... brand superiority .

Unilever sees major India opportunity on GST cuts and strong GDP growth

India, with a high GDP growth and recent GST reduction, presents "massive" opportunities for British multinational consumer goods maker Unilever and its Indian arm Hindustan Unilever, according to a top company official. The companies believe they will be the main beneficiaries of a much more dynamic economic environment in India, said Unilever Chief Executive Officer Fernando Fernandez. Indian consumption was significantly affected over the last three years due to double-digit food inflation, said Fernandez in a JP Morgan Fireside Chat. "I feel the government in India has taken very relevant measures lately. So, GST reduction, that is the VAT of India, personal income tax reduction, interest rate reduction, when the government does something like this, it's because things in the economy are not right, and really that's what's happening the last couple of years," he said. Moreover, there is some food deflation and have seen immediately in the Indian GDP growth. "I think in the las

Unilever considers sale of British brands Marmite, Bovril, Colman's: Report

The London-listed company is considering shedding the century-old, yeast-based spread Marmite brand, the people said

US govt shutdown has not affected consumer sentiment, says Unilever CEO

The group's underlying sales in North America grew 5.5% in the third quarter

Unilever appoints Srinivas Phatak as chief financial officer, board member

Unilever has confirmed Srinivas Phatak as CFO and member of its board and leadership executive after a six-month acting tenure, citing his industry expertise and strong performance

Srinivas Phatak appointed new Unilever PLC CFO, to join board immediately

Before succeeding Fernando Fernandez, Srinivas Phatak served as deputy CFO and controller from 2022. Phatak joined Unilever in 1999, working in finance and commercial roles in India

Unilever 'will disproportionately' invest in India, says Fernandez

Unilever CEO Fernando Fernandez said India and the US will get disproportionate investments with focus on beauty, wellbeing and personal care under HUL's new leadership

Unilever India's new CEO tasked with invigorating a sluggish consumer giant

While the Indian unit of Unilever Plc posted a forecast-beating quarterly profit last week, Nair, who took over the CEO role on Aug 1, has her task cut out in sustaining this momentum

Unilever proposes Peter ter Kulve as CEO of listed ice cream unit

TMICC is home to six of the world's top 10 ice cream brands, including Ben & Jerry's, Cornetto and Wall's, and generated turnover of 8.3 billion euros ($9.59 billion) in 2024

Unilever CEO Hein Schumacher to step down, Fernando Fernandez to succeed

Hein Schumacher, who joined in July 2023, will step down as CEO in March and will leave the company on May 31

FMCG major Unilever to establish two manufacturing units in Telangana

FMCG major Unilever on Tuesday agreed to establish two manufacturing units in Telangana following talks between Chief Minister A Revanth Reddy and Hein Schumacher, CEO of Unilever, at the ongoing World Economic Forum (WEF) annual meeting in Davos. During the meeting, the Chief Minister highlighted Telangana's "extraordinary locational advantages" as a gateway and bridge to several southern states and other parts of the country, a state government release said. While Unilever operates multiple manufacturing sites in India, its presence in Telangana has thus far been minimal, the release added. In response, Unilever's CEO announced plans to establish a palm oil facility and refining unit in Telangana. CM Revanth Reddy offered full support and proposed a suitable location in Kamareddy district for the facility, the release added. The Unilever team also agreed to set up a new manufacturing unit for producing bottle caps. "In a breakthrough, Chief Minister Revanth Reddy convinced Hein

Unilever eyes sale of Dutch brands Unox, Conimex in turnaround strategy

Unilever has lined up ABN Amro to conduct a sale of some of the Dutch food brands, including Unox soups and Conimex seasonings

Unilever, Procter & Gamble face risk from Trump's threatened Mexico tariffs

Trump warned days before his win against Democrat nominee Kamala Harris that he would hit Mexico and China with 25 per cent tariffs unless both governments moved to stop the flow of fentanyl into US