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Unilever

This article was originally published in The Rose Sheet

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Executive Summary

Acquires approximately 90% of the shares of St. Petersburg, Russia-based Severnoye Siyaniye, a producer of fragrances, aftershaves and color cosmetics. The Russian firm has been packaging certain Unilever men's fragrances under a co-packing agreement formed in early 1993. Unilever plans to spend about $10 mil. to improve production facilities and develop the Russian business. Unilever says it hopes to "broaden the product portfolio" of the firm. Severnoye Siyaniye has 1,000 employees

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

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