Unilever Plc said Monday it has agreed to acquire Seventh Generation Inc. for an undisclosed sum. Seventh Generation makes sustainable cleaning products, including plant-based detergent. The company had sales of $200 million in 2015 and has enjoyed double-digit compounded annual growth in the last 10 years, according to a statement. Last week, The Wall Street Journal reported that Unilever was in talks to acquire Honest Co., the retailer co-founded by actress Jessica Alba, that also makes green care products, such as diapers and detergents. Unilever shares were trading up 1.2%, and are up 8% in the year so far, while the S&P 500 has gained about 5%.
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