Unilever to sell Elida Beauty to Yellow Wood By Reuters
December 18, 2023
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© Reuters. FILE PHOTO: FILE PHOTO: FILE PHOTO: Unilever logo is displayed in this illustration taken on January 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
(Reuters) – Consumer goods giant Unilever (LON:) said it would sell Elida Beauty, its non-core beauty and personal care division, to U.S. private equity firm Yellow (OTC:) Wood Partners.
The financial terms of the deal, expected to be completed in mid-2024, were not disclosed.
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© Reuters. FILE PHOTO: FILE PHOTO: FILE PHOTO: Unilever logo is displayed in this illustration taken on January 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
(Reuters) – Consumer goods giant Unilever (LON:) said it would sell Elida Beauty, its non-core beauty and personal care division, to U.S. private equity firm Yellow (OTC:) Wood Partners.
The financial terms of the deal, expected to be completed in mid-2024, were not disclosed.