date:Jan 24, 2013
he shedding continued in September 2012, when Unilever completed the sale of its Bertolli and P.F. Changs Home Menu frozen meals business to Omaha-based ConAgra Foods, Inc. for $267 million. Most recently, Unilever earlier this month agreed to sell its Skippy peanut butter brand to Austin, Minn.-based Hormel Foods Corp. for $700 million.
Mr. Polman said Unilevers food business now comprises three core activities: margarine, dressings and savory.
Despite the fact the margarine markets are down