Académique Documents
Professionnel Documents
Culture Documents
OWNERSHIP STRUCTURE
The two holding companies, Unilever NV and Unilever PLC, have the same board of directors. This guarantees a
unified management approach. Antony Burgmans, the chairman of the board of directors at Unilever NV, since May
1999, is also vice-chairman at Unilever PLC. Meanwhile, Niall Fitzgerald, the chairman at PLC, since May 1996
serves as vice-chairman at NV. NV and PLC have signed an equalization agreement,
which basically regulates the harmonisation of financial and accounting policies. In
fact, this agreement serves as the most important way to guarantee similar dividend
policies, albeit expressed in two denominations: the Euro and the British Pound
Sterling. For all intents and purposes, the two companies act pretty much as single
company.
PRODUCTS:
Unilever is basically an ‘Armada of brand names’. Unilever products are broken
down into 4 product categories: personal care products, household maintenance
products, food products, and refreshment5. Personal care products category covers antiperspirants, skin care
products, hair care products, and oral care products. This category includes Dove, Lux, Rexona, Sunsilk, Axe,
CloseUp, and other brands. Unilever household maintenance products category comprises softeners, washing
powders and detergents, soaps, and dish washing and cleansing agents. In this respect famous brands are Omo, Surf,
Comfort, Radiant, Cif, Domestos, and Sunlight. Food products segment consists of soups, sauces, snacks,
mayonnaise, salad dressings, margarine, and spreads.
The multinational owns many subsidiaries all over the world (see section two). Unilever’s famous brands are as
follows:
Unilever Locations:
Unilever and Nestlé are the two most widely represented companies worldwide in terms of production and sales
facilities. It is easier to list the countries where Unilever is not represented with production locations at this time:
Burma, Cuba, and Algeria. By far the most important countries in terms of investment and ownership of production
locations are:
North America: US
Africa & Middle East: Ivory Coast, Ghana, Nigeria, South Africa
Worldwide Unilever owns about: 500 factories of which about 305 involve food and about 200 involve detergents
and personal care products. The acquisition of Best foods at the end of 2000 brought an additional estimate 70
factories, employing 44,000 workers in 60 countries. The results of this acquisition remain ambiguous: a number of
factories are being sold off (partly because antimonopoly agencies in the US and EU made the initial acquisition
conditional on some disposals, and partly because specific products didn’t fit in with current management
strategies). Most of the factories in the ‘old’ Unilever structure are located in Europe (about 160) and in India (about
110).