Unilever Acquires Talenti® Gelato & Sorbetto
December 02 2014 - 11:00AM
Business Wire
Unilever today announced that it has acquired Talenti®
Gelato & Sorbetto. Minneapolis-based Talenti, which was founded
in 2003, has grown into the best selling packaged gelato in the
United States. Talenti products are made from the finest
ingredients, using artisanal methods, and packaged in a unique,
clear and reusable plastic jar. Talenti is expected to have more
than $120 million in turnover in 2014. Terms of the transaction
were not disclosed.
Talenti Pint Family (Photo: Business
Wire)
With its 30 gelato and sorbetto flavors – such as Sea Salt
Caramel and Sicilian Pistachio – the Talenti acquisition brings a
complementary packaged gelato portfolio to Unilever’s ice cream
category, alongside the company’s existing iconic brands such as
Ben & Jerry’s, Breyers, Fruttare, Good Humor , Klondike, Magnum
and Popsicle.
“Welcoming Talenti to the Unilever family marks another step in
our North America portfolio transformation,” said Kees Kruythoff,
President of Unilever North America. “The acquisition widens
Unilever’s position in the fast-growing gelato market with its
artisanal offerings and its clear, distinct and recyclable
packaging. We are looking forward to growing and developing this
fantastic brand further.”
Kevin Havelock, President Refreshment Category, Unilever, said,
“Talenti’s gelatos and sorbettos complement Unilever’s iconic
portfolio of packaged ice cream. As the gelato category continues
to gain popularity we are excited to welcome the fast-growing
Talenti brand.”
CAUTIONARY STATEMENT
This announcement may contain forward-looking statements,
including ‘forward-looking statements’ within the meaning of the
United States Private Securities Litigation Reform Act of 1995.
Words such as ‘will’, ‘aim’, ‘expects’, ‘anticipates’, ‘intends’,
‘looks’, ‘believes’, ‘vision’, or the negative of these terms and
other similar expressions of future performance or results, and
their negatives, are intended to identify such forward-looking
statements. These forward-looking statements are based upon current
expectations and assumptions regarding anticipated developments and
other factors affecting the Group. They are not historical facts,
nor are they guarantees of future performance.
Because these forward-looking statements involve risks and
uncertainties, there are important factors that could cause actual
results to differ materially from those expressed or implied by
these forward-looking statements. Among other risks and
uncertainties, the material or principal factors which cause actual
results to differ materially are: Unilever’s global brands not
meeting consumer preferences; Unilever’s ability to innovate and
remain competitive; Unilever’s investment choices in its portfolio
management; inability to find sustainable solutions to support
long-term growth; customer relationships; the recruitment and
retention of talented employees; disruptions in our supply chain;
the cost of raw materials and commodities; the production of safe
and high quality products; secure and reliable IT infrastructure;
successful execution of acquisitions, divestitures and business
transformation projects; economic and political risks and natural
disasters; financial risks; failure to meet high and ethical
standards; and managing regulatory, tax and legal matters. Further
details of potential risks and uncertainties affecting the Group
are described in the Group’s filings with the London Stock
Exchange, Euronext Amsterdam and the US Securities and Exchange
Commission, including in the Group’s Annual Report on Form 20-F for
the year ended 31 December 2013 and the Annual Report and Accounts
2013. These forward-looking statements speak only as of the date of
this announcement. Except as required by any applicable law or
regulation, the Group expressly disclaims any obligation or
undertaking to release publicly any updates or revisions to any
forward-looking statements contained herein to reflect any change
in the Group’s expectations with regard thereto or any change in
events, conditions or circumstances on which any such statement is
based.
About Unilever:
Unilever is one of the world’s leading suppliers of Food, Home
and Personal Care products with sales in over 190 countries. We
work with 174,000 colleagues around the world and generated annual
sales of €49.8 billion in 2013. Over half of our company’s
footprint is in the faster growing developing and emerging markets
(57% in 2013). Working to create a better future every day, we help
people feel good, look good and get more out of life. Our portfolio
includes some of the world’s best known brands, 14 of which -
Knorr, Persil / Omo, Dove, Sunsilk, Hellmann’s, Surf, Lipton,
Rexona / Sure, Wall’s ice cream, Lux, Flora / Becel, Rama / Blue
Band, Magnum and Axe / Lynx - now generate a turnover of €1 billion
or more.
Our ambition is to double the size of our business, whilst
reducing our overall environmental footprint (including sourcing,
consumer use and disposal) and increasing our positive social
impact. We are committed to helping more than a billion people take
action to improve their health and well-being, sourcing all our
agricultural raw materials sustainably by 2020, and decoupling our
growth from our environmental impact. Supporting our three big
goals, we have defined nine commitments, underpinned by targets
encompassing social, environmental and economic areas. See more on
the Unilever Sustainable Living Plan at
www.unilever.com/sustainable-living/.
Unilever has been ranked number one in their sector in the 2014
Dow Jones Sustainability Index. We are included in the FTSE4Good
Index Series and attained a top environmental score of 5, leading
to inclusion in the FTSE4Good Environmental Leaders Europe 40
Index. Unilever has been named sector leader of the CDP’s Forests
programme for three consecutive years, and in 2014 led the list of
Global Corporate Sustainability Leaders in the
GlobeScan/SustainAbility annual survey - for the fourth year
running. In 2014 Unilever was named in LinkedIn’s Top 3 most
sought-after employers in all sectors for the second year running,
and also LinkedIn’s No. 1 most sought-after FMCG employer
worldwide.
For more information about Unilever and its brands, please visit
www.unilever.com.
For more information about Talenti, please visit
www.talentigelato.com.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20141202006266/en/
Media:Unilever PLC (London):Adam Fisher, +44 (0) 20 7822
5252Adam.Fisher@Unilever.comorUnilever NV (Rotterdam):Marc Potma,
+31 (0) 10 2174844mediarelations.rotterdam@unilever.comorUnilever
North America (Englewood Cliffs, NJ):Jaime Stein, +1
201-894-7760MediaRelations.USA@unilever.com
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