Mar 15, 2018

Marmite maker Unilever drops London HQ

Anglo-Dutch consumer goods giant Unilever, maker of Marmite and Dove soap, is to abandon its London HQ. The firm said it would move to a single legal entity in the Netherlands in an effort to become "More agile". Unilever's dual-headed structure has been in place since 1930, when Dutch margarine firm Unie merged with British soap maker Lever Brothers. At the same time, Unilever said it would be reorganising its business into three divisions: beauty and personal care, home care, and foods and refreshment. Unilever employs 7,300 people in the UK and 3,100 in the Netherlands. Since 1930, Unilever has operated with two parent companies - a British PLC headquartered in London and a Dutch NV based in Rotterdam.

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