Unilever has undertaken a program of divesting non-core businesses and brands in a move to rationalize products in diverse markets. The most recent action in this regard is a decision to sell the Vegetarian Butcher producing plant-derived meat that in all probability is not generating a return on investment commensurate with company standards.
Unilever has commissioned an investment bank to assist in the disposal of the business with a number of prospective purchasers identified.