Company News, Financial News

Unilever Sells Salad Dressing

Wish-Bone and Western brands to Pinnacle Foods.

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By: TOM BRANNA

Editor

The salad days are over for Unilever in the US. The company will sell its Wish-Bone and Western dressings brands to Pinnacle Foods Inc. for a total cash consideration of approximately $580 million, subject to regulatory approval. The transaction does not include Unilever’s facility in Independence, MO, at which Wish-Bone and Western brands are currently produced, but the factory will continue to manufacture for Pinnacle Foods under a third-party agreement. “Wish-Bone is an iconic brand and t...

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