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January 4, 2018
By: TOM BRANNA
Editor
In late November Unilever reached an agreement to acquire Sundial Brands, the hair care and skin care company behind SheaMoisture, Nubian Heritage, Madam C.J. Walker and Nyakio. Sundial’s 2017 turnover was approximately $240 million, according to Unilever. Terms of the deal were not announced. Sundial will operate as a standalone unit within Unilever, and founder Richelieu Dennis will continue to lead the business as CEO and executive chairman. As part of the agreement, Unilever and Su...
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