Reginal Thomas
All posts from Reginal Thomas
Reginal Thomas in reginal thomas,

Unilever Sells Slim Fast

Unilever Plc, consumer goods maker, announced it sold its Slim Fast brand to a private equity firm, Kainos Capital. Unilever has been trying to refocus its U.S. portfolio on its core higher margin personal care business. The company said it would undertake a new plan for its North America pasta sauce business, which includes Ragu brand, and the troubled Slim Fast brand. Shares for Unilever are down 1.5% on the London Stock Exchange.