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Acquisitions and disposals | 6 Months Ended
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Jun. 30, 2023
Disclosure of detailed information about business combination [abstract] |
Acquisitions and disposals |
7.Acquisitions and disposals
In the first half of 2023, the Group completed the following business acquisitions and disposals:
Deal completion date | Acquired/disposed business
10 January 2023 | Acquired 51% of Zywie Ventures Private Limited (“OZiva”), a leading plant-based, and clean-label consumer wellness brand focused on the need spaces such as Lifestyle Protein, Hair & Beauty Supplements and Women’s health.
1 May 2023 | Sold Suave brand in North America to Yellow Wood Partners LLC. The Suave beauty and personal care brand includes hair care, skin care, skin cleansing and deodorant products.
On 1 May 2023, Unilever sold the North America Suave business to Yellow Wood Partners LLC for €592 million consideration. Profit on this disposal was €497 million, recognised as a non-underlying item (see note 2). In addition to the completed transactions above, on 14 June 2023 the Group announced it had signed an agreement to acquire Yasso, a premium frozen Greek yogurt brand in the United States. The transaction is expected to be completed in Q3 2023.

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