Company News, Financial News

Unilever Acquires Sundial Brands

Esi Eggleston Bracey named EVP and COO of Unilever North America Personal Care effective Jan. 1, 2018.

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By: TOM BRANNA

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Unilever has reached an agreement to acquire Sundial Brands, the leading hair care and skin care company behind SheaMoisture, Nubian Heritage, Madam C.J. Walker and nyakio.   Sundial’s 2017 turnover is expected to be approximately $240 million, according to Unilever.  Sundial Brands will operate as a standalone unit within Unilever, and founder Richelieu Dennis will continue to lead the business as CEO and executive chairman. Terms of the deal were not announced.   As part of the agreemen...

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