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Dutch classics: Unilever sells Unox sausages and soup

December 18, 2024
Photo: Depositphotos.com

Unilever is making two more divestments in as many days, this time selling most of soup and sausage firm Unox, and sausage company Zwan to Dutch food group Zwanenberg.

Both brands have been part of Unilever for almost 100 years. On Tuesday, Unilever announced the sale of its Conimex Asian spice and sauce brand to Finnish company Paulig.

Unilever president Heiko Schipper said in a statement it had been a “difficult decision” to sell Unox. “The association with Dutch winter activities like skating and the New Year’s swim off the coast of Scheveningen… have strengthened Unox’ position in Dutch culture,” he said.

Unox’ Cup-a-soup and instant noodle brands will remain part of Unilever, which wants to focus on its bigger brands, sauces and small ready meals.

Unilever moved to London four years ago, and the sale of Conimex and Unox means its ties to the Netherlands have become even weaker.

Unilever is also working on plans to sell its ice cream arm, which includes Magnum, Ola and Ben & Jerry’s.

Unilever has rented an office for the ice cream company in central Amsterdam and the IPO is likely to take place on the Amsterdam stock exchange, the Financieele Dagblad said earlier this month.

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