Zwanenberg Food Group to purchase brands from Unilever
Unilever has declared that Zwanenberg Food Group has made a legally binding bid to purchase the Unox and Zwan brands.
With the Dutch Unox brand dating back to 1937 and the Belgian Zwan brand dating back to 1928, both recognisable names have been a part of Unilever’s portfolio for nearly a century.
Unilever said it is looking to sharpen its foods portfolio for long-term growth and scalability, focusing on fewer and bigger brands, in categories such as cooking aids, mini meals and condiments.
The group added that the meat and soup products of Unox and Zwan require a distinct supply chain, sourcing model and set of technological and R&D capabilities, making them less scalable within the broader Unilever Foods portfolio. Unox’s Noodles and Cup-a-Soup products are a good fit with the mini meals category and will therefore remain part of the total Unilever Foods portfolio.
Heiko Schipper, president Unilever Foods, said: “Unox is a beloved and iconic brand in the Netherlands and the decision to part with it has not been easy. The association with Dutch winter activities, such as the New Year’s Dive in Scheveningen and ice-skating events, along with its distinctive orange hat branding and wide range of award-winning advertising campaigns, has cemented Unox’s place in Dutch culture.
“Zwan is a cherished brand in Belgium, associated with comfort and nostalgia and with quick and easy meals, making the brand a beloved part of everyday Belgium life. I am convinced that under Zwanenberg Food Group’s ownership, Unox and Zwan will be able to quickly adapt to trends and remain relevant in this competitive market.”
Sjoerd van der Laan, CEO of Zwanenberg Food Group, said: “The Unox and Zwan brands are a wonderful addition to our range. We are a broad food company with strong brands. After the acquisition of the Unilever factory in Oss in 2018, the acquisition of the Unox and Zwan brands is a great addition that fits in perfectly with our ambitions.”
The deal includes the production of soup-in-pouch in the factory in Poznan.
The binding offer is subject to the usual closing conditions, regulatory requirements, and consultation processes.
We expect to complete the deal within 2025.
The deal is subject to usual closing conditions, regulatory requirements, and consultation processes. Financial terms of the binding offer are undisclosed.
