Unilever announced plans to sell its global spreads business to KKR & Co. L.P. for $8.1 billion, a sale that includes a production plant that employs 300 in New Century, Kan.
The acquisition of the Unilever spreads business is expected to be completed in mid-2018. It was sold at a multiple of about 10 times its 2016 annual revenue.
KKR is a global investment firm with about $153 billion in assets under management as of end of the third quarter. It has an ownership stake in companies such as GoDaddy…
Unilever announced plans to sell its global spreads business to KKR & Co. L.P. for $8.1 billion, a sale that includes a production plant that employs 300 in New Century, Kan.
The acquisition of the Unilever spreads business is expected to be completed in mid-2018. It was sold at a multiple of about 10 times its 2016 annual revenue.
KKR is a global investment firm with about $153 billion in assets under management as of end of the third quarter. It has an ownership stake in companies such as GoDaddy…