Add-on Acquisition • Consumer Products

Unilever Acquires Grupo Cressida

On March 2, 2000, Unilever acquired consumer products company Grupo Cressida for 314M USD

Acquisition Context
  • This is Unilever’s 1st transaction in the Consumer Products sector.
  • This is Unilever’s 9th largest (disclosed) transaction.
  • This is Unilever’s 1st transaction in Honduras.

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M&A Deal Summary

Date March 2, 2000
Target Grupo Cressida
Sector Consumer Products
Buyer(s) Unilever
Deal Type Add-on Acquisition
Deal Value 314M USD

Target Company

Grupo Cressida

Tegucigalpa, Honduras
Grupo Cressida with operations across Central America, holds strong market positions in the powder detergents, laundry soap, foods and beverages markets. Its leading brands, which are common across the entire region, include Xedex in powder detergents, Xtra in soap bars and Natura's for foods and beverages. All have had a history of continuous growth based on strong branding and innovation.
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Buyer Overview 1

Buyer

Unilever

London, United Kingdom

Category Company
Founded 1894
Sector Consumer Products
Employees115,964
Revenue 60.8B EUR (2024)
DESCRIPTION

Unilever is a multinational consumer goods company. Its products include food, beverages, cleaning goods and personal care products. Unilever was founded in 1894 and is based in London, United Kingdom.


Deal Context for Buyer #
Overall 1 of 46
Sector: Consumer Products 1 of 30
Type: Add-on Acquisition 1 of 36
Country: Honduras 1 of 1
Year: 2000 1 of 5
Size (of disclosed) 9 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-05-25 Quest International

Naarden, Netherlands

Quest is one of the leading players in the global flavour and fragrance market. Quest was formed in 1905 and is based in Naarden, The Netherlands.

Sell £4.9B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-04-01 SlimFast

Palm Beach Gardens, Florida, United States

SlimFast offers a variety of shakes, powders, snack bars, and portion‑controlled snacks for weight management. SlimFast was founded in 1977 and is based in Palm Beach Gardens, Florida.

Buy $2.3B