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Unilever to sell snack brand Graze to Candy Kittens owner Katjes
Reuters· 2025-12-01 11:15
Core Points - Unilever is selling its British snack brand Graze to Katjes International, which owns Candy Kittens, for an undisclosed amount [1] - This move is part of Unilever's strategy to exit certain non-core businesses [1] Company Summary - Unilever aims to streamline its portfolio by divesting brands that do not align with its core business strategy [1] - Katjes International is expanding its presence in the snack market through this acquisition [1] Industry Summary - The consumer goods sector is witnessing consolidation as companies like Unilever focus on core brands and divest non-essential assets [1] - The acquisition by Katjes International indicates a growing interest in the snack segment, particularly in healthier or niche products [1]