Deals
Unilever to Buy Cleaning-Products Company Seventh Generation
- Deal follows speculation that Unilever may acquire Honest Co.
- Transaction brings bigger presence in natural-product category
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Unilever agreed to acquire Seventh Generation Inc., a Vermont-based company known for natural and eco-conscious cleaning products.
Seventh Generation posted sales of more than $200 million last year, with compound annual growth in the double digits over the past decade, Unilever said in a statement Monday. Terms of the deal weren’t disclosed.