Divestiture • Food

Unilever Acquires Evga S.A. - Ice Cream Brands

On September 28, 2010, Unilever acquired food company Evga S.A. - Ice Cream Brands from Evga S.A.

Acquisition Context
  • This is Unilever’s 4th transaction in the Food sector.
  • This is Unilever’s 1st transaction in Greece.

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M&A Deal Summary

Date September 28, 2010
Target Evga S.A. - Ice Cream Brands
Sector Food
Buyer(s) Unilever
Sellers(s) Evga S.A.
Deal Type Divestiture

Target Company

Evga S.A. - Ice Cream Brands

Greece
Evga S.A.'s Ice Cream Brands is comprised of ice cream brands and a distribution network for brands including Scandal, Variete, and Karabola.
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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 9 of 46
Sector: Food 4 of 12
Type: Divestiture 2 of 7
Country: Greece 1 of 1
Year: 2010 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-27 Alberto-Culver Co.

Melrose Park, Illinois, United States

Alberto Culver Company manufactures, distributes and markets leading beauty care and other personal care brands including TRESemmé, Alberto VO5, Nexxus, St. Ives, Simple and Noxzema in the United States and internationally. It is also the second largest producer in the U.S. of products for the ethnic hair care market with leading brands including Motions and Soft & Beautiful.

Buy $3.7B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-23 Sanex

Rotterdam, Netherlands

Sanex is a multi-category personal care brand primarily in Western Europe. Liquid body cleansing and deodorants each represent nearly 50% of the business.

Sell €672M

Seller Profile 1

SELLER

Evga S.A.

Athens,, Greece

Category Company
Founded 2003
Sector Food
DESCRIPTION

Evga S.A. engages in the production and trade of standardized and bulk ice-creams, refresh juices, croissants, and frozen pastry products and desserts.


Deal Context for Seller #
Overall 1 of 1
Sector: Food 1 of 1
Type: Divestiture 1 of 1
Country: Greece 1 of 1
Year: 2010 1 of 1

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