Nestlé Purina PetCare acquires natural pet food brand Lily’s Kitchen

UK – Nestlé Purina PetCare, the pet products business of Swiss food and beverage firm, Nestlé, has acquired natural pet food brand Lily’s Kitchen, one of the leading producers of wet and dry natural foods […]

Unilever appoints Nils Andersen as the company’s new chairman

NETHERLANDS – Multinational consumer goods firm, Unilever has named the company’s non-executive director, Nils Andersen as its chairman, effective 13th November 2019. Andersen replaces Marijn Dekkers, who has decided to step down from the position. […]

Diageo to move global headquarters to central London in 2021

UK – Diageo has announced that it will be moving its global headquarters from its current building in Park Royal, NorthWest London, to a new central home in England’s capital. The relocation of the offices […]

Packaging group Mondi to dump dual listing for a primary one in London

SOUTH AFRICA – The international packaging and paper group Mondi has announced that it plans to dump its dual listing structure for a primary listing in London, reports IOL Business. The company which operates in […]

Unilever withdraws proposal to move headquarters to the Netherlands

UK – Unilever, a British-Dutch transnational consumer goods company, has said its board has withdrawn its proposal to move to the Netherlands, after a growing tide of opposition by U.K. shareholders. The company said that […]

Unilever announces intention to buy back shares to return after-tax proceeds

LONDON – Unilever PLC and Unilever N.V., have announced their intention to buy back shares with an aggregate market value equivalent of up to €6 billion to return the expected after-tax proceeds upon completion of […]