Feb 5, 2019

Marmite-owner Unilever snaps up snack brand Graze

Marmite-owner Unilever has bought healthy snack brand Graze, which started life a decade ago as a snack box delivery service. Graze produces nuts, seeds, trail mixes and snack bars, with no artificial ingredients and Unilever said the purchase would accelerate its presence in healthy foods. Mr Fletcher said the sale to Unilever "Marks a transformational moment in Graze's growth journey". "Nitin Paranjpe, president of Unilever's food & refreshment business said:"Accelerating our presence in healthy foods and out of home this is an excellent strategic fit for the Unilever Food & Refreshment business, and a wonderful addition to our stable of purpose driven brands. Mr Cooper said in the short term Unilever would "Likely leave Graze alone".

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