Yellow Wood Partners Agrees to Buy Unilever's Beauty Brand Suave
February 14 2023 - 10:11AM
Dow Jones News
By Denny Jacob
Private equity firm Yellow Wood Partners LLC on Tuesday said it
signed an agreement with Unilever PLC to acquire its beauty and
personal-care brand, Suave, in North America.
The transaction is anticipated to be completed in the second
quarter, Yellow Wood said. Terms of the deal weren't disclosed.
The deal represents the latest shift in operations at the
consumer-goods company. Unilever in June said it sold its Ben &
Jerry's business in Israel to the local licensee.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
February 14, 2023 09:56 ET (14:56 GMT)
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