Unilever to boost home business with acquisition of Seventh Generation

MarketsReuters

Unilever is to buy Seventh Generation, a U.S.-based maker of soaps and detergents, it said on Monday, as it expands its home and personal care businesses.

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Financial terms were not disclosed.

Seventh Generation, based in Vermont, had 2015 turnover of more than $200 million, having seen double-digit compounded annual growth over the last 10 years.

(Reporting by Martinne Geller in London; Editing by Susan Fenton)