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UK consumer goods giant Unilever has today completed the sale of Unilever Russia, finally joining other multinationals in exiting the country following its invasion of Ukraine in February 2022.



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Ireland

Consumer goods giant Unilever finally exits Russia

Unilever, owner of brands including Dove soap and Hellmann’s mayonnaise, said Thursday that it has completed the sale of its Russian business to Arnest Group, a local manufacturer of perfume, cosmetics and household products, for an undisclosed amount.

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Unilever sells its business in Russia

Sale of Russian subsidiary follows intense criticism from activists and campaign groups

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Billionaire ‘hairspray king’ buys Unilever’s Russia division

UK consumer goods giant Unilever has today completed the sale of Unilever Russia, finally joining other multinationals in exiting the country following its invasion of Ukraine in February 2022.

Government of Ireland

It comes after Unilever had faced criticism for not leaving Russia after Moscow’s invasion of Ukraine, when other businesses had rushed to pull out.

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Unilever completes sale of Russian business

Consumer goods company Unilever announced it sold its Russian subsidiary on Thursday. Unilever is among the largest producers of consumer goods, selling its products ranging from beauty to food in 190 countries. It also sold its business in Belarus in the same sale, which included four factories. Arnest Group, a manufacturer of perfume, cosmetics, and household products, bought the Russian arm. The purchase included four factories. “Over the pas…

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Washington

District of Columbia

Unilever sells Russian business arm - Washington Examiner

Unilever Plc sold its Russian subsidiary to local manufacturer Arnest Group, exiting the country more than two-and-a-half years after its invasion of Ukraine.

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Unilever Exits Russia With Sale of Business to Arnest Group

Unilever has said that it has divested its Russian business as it leaves the country more than two-and-a-half years into the Russia-Ukraine war. The company has already stayed in Russia much longer than several of its peers.

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Unilever sells Russian business as it becomes latest country to leave

Maker of Dove soap and Knorr stock cubes also includes Belarus unit in deal

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Unilever sells Russian subsidiary  to Arnest Group

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British consumer goods giant Unilever on Thursday completed the sale of Unilever Russia, finally joining other multinationals in exiting the country following its invasion of Ukraine in February 2022. Unilever said in a statement that it had offloaded the subsidiary to Arnest Group, a Russian manufacturer of perfume, cosmetics and household products, for an undisclosed amount.

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Unilever exits Russia with sale of all assets to local company

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Unilever exits Russia with sale of all assets to local company

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