Unilever to move Chicago Office to Headquarters in New Jersey
Unilever announced today the combining of its Chicago-based antiperspirants, deodorant and hair care group with its skin care business, to create a Personal Care (PC) business unit based at the company’s North America headquarters.
Englewood Cliffs, NJ, Nov. 10, 2009– Unilever, one of the world’s largest consumer goods companies, [NYSE: UN, UL] announced today that it is combining its Chicago-based antiperspirants, deodorant and hair care group with its skin care business, to create a Personal Care (PC) business unit based at the company’s North America headquarters in Englewood Cliffs, New Jersey. As a result of the integration, Unilever will close the Chicago offices by July 2010.
“Over the last few years, we have made significant progress in bringing Unilever teams together in North America,” said Michael B. Polk, President Unilever Americas. “We have become a more unified, collaborative and focused organization – and, we are driving results. The decision to create a single PC unit within the US business is in line with this progress, and will leverage the resources and capabilities across our PC brands to drive further growth.”
Between 2006 and 2009, Unilever has integrated a number of businesses and officesto leverage the resources and capabilities across its brands to drive further growth. Those integrations include supply chain integrations announced in 2008 and 2009; the North American Ice Cream business integration into the U.S. business announced in 2007, and the consolidations of offices in Connecticut and Illinois announced in 2006.
“We are committed to working closely with our colleagues in Chicago to ensure a smooth transition,” added Polk. The move will affect approximately 200 employees.
Unilever’s mission is to add vitality to life. We meet everyday needs for nutrition, hygiene and personal care with brands that help people feel good, look good and get more out of life. Each day, around the world, consumers make 160 million decisions to purchase Unilever products.
In North America, which is comprised of the United States, Canada and the Greater Caribbean, the portfolio includes major brand icons such as: Axe, Becel, Ben & Jerry's, Bertolli, Breyers, Caress, Country Crock, Degree, Dove personal care products, Hellmann's, Klondike, Knorr, Lipton, Popsicle, Promise, Q-Tips, Rexona, Skippy, Slim-Fast, Suave, Sunsilk, Vaseline and Vim. All of the preceding brand names are registered trademarks of the Unilever Group of Companies. Dedicated to serving consumers and the communities where we live, work and play, Unilever employs nearly 14,000 people in North America – generating over $11 billion in sales in 2008. For more information, visit www.unileverusa.com or http://www.unilever.ca/
This announcement may contain forward-looking statements, including 'forward-looking statements' within the meaning of the United States Private Securities Litigation Reform Act of 1995. Words such as 'expects', 'anticipates', 'intends', 'believes' or the negative of these terms and other similar expressions of future performance or results, including any financial objectives, and their negatives are intended to identify such forward-looking statements. These forward-looking statements are based upon current expectations and assumptions regarding anticipated developments and other factors affecting the Group. They are not historical facts, nor are they guarantees of future performance. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements, including, among others, competitive pricing and activities, consumption levels, costs, the ability to maintain and manage key customer relationships and supply chain sources, currency values, interest rates, the ability to integrate acquisitions and complete planned divestitures, the ability to complete planned restructuring activities, physical risks, environmental risks, the ability to manage regulatory, tax and legal matters and resolve pending matters within current estimates, legislative, fiscal and regulatory developments, political, economic and social conditions in the geographic markets where the Group operates and new or changed priorities of the Boards. Further details of potential risks and uncertainties affecting the Group are described in the Group's filings with the London Stock Exchange, Euronext Amsterdam and the US Securities and Exchange Commission, including the Annual Report & Accounts on Form 20-F. These forward-looking statements speak only as of the date of this announcement. Except as required by any applicable law or regulation, the Group expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Group's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.
# # #
Unilever US, Inc
800 Sylvan Avenue
+1 201 894 7760