Unilever divests German pasta sauces to Italian competitor
Unilever continues its strategic divestment by selling its German pasta sauce range under the Knorr brand to Italian food producer Casalasco.
After the sale of brands such as Unox and Conimex, Unilever continues to divest in order to better focus on what the company refers to as its core activities. As such, the ‘Tomato al Gusto’ and ‘Speciale al Gusto’ product lines in Germany will transfer to Casalasco on 1 March. During a transitional period of twelve months, the acquirer will still be permitted to use the Knorr brand name for these specific pasta sauces.
Casalasco, known for brands such as Pomì, Pomito, and De Rica, specialises in tomato products and achieved a turnover of 630 million euros in 2023. For distribution in Germany, the company will collaborate with Hengstenberg, the market leader in the tomato preserves segment with the brand Oro di Parma. Notably, Unilever Food Solutions’ business clientele in Germany is excluded from this transaction.
Related news
Wholesale prices in Germany fell month-on-month, but rose year-on-year in May
In Germany, the monthly decline in wholesale prices accelerated in…
Read more >Lekkerland Opens First Rewe To Go at a German Motorway Rest Stop
Convenience specialist Lekkerland, in cooperation with Tank & Rast, has…
Read more >Picnic opens advanced e-commerce distribution centre in Germany
In Oberhausen, Germany, Picnic has opened a fully robotised order…
Read more >Related news
More chances, less hassle: the recipe of a good promotion
Gábor Tolnai, head of marketing insight division at Kantar Hoffmann…
Read more >NESQUIK STRAWBERRY MILK-MIX: Strawberry flavoured milk mix 350 G
With the Nesquik Strawberry flavoured milk mix, you can make…
Read more >UK Retailers Prioritise AI Over Planned Technology Investments, Study Finds
Over two thirds (67%) of retailers in the UK are…
Read more >