Unilever is one of the largest and most diverse consumer goods companies in the world, with a portfolio of over 400 brands spanning categories such as food, beverages, personal care, and home care products. Headquartered in both London, UK, and Rotterdam, Netherlands, Unilever operates in more than 190 countries, offering its products to over 2.5 billion people each day. Founded in 1929 from the merger of the British soapmaker Lever Brothers and Dutch margarine producer Margarine Unie, Unilever has maintained a reputation for innovation and sustainability throughout its history.
Unilever’s commitment to sustainable living is central to its business strategy. The company focuses on producing environmentally friendly products, reducing plastic waste, and promoting health and hygiene globally. Brands like Dove, Knorr, Lipton, and Axe are household names that have gained trust worldwide due to their quality and Unilever’s dedication to creating a positive impact.
CEO and Founders of Unilever
Unilever was founded in 1929 as a result of the merger between the Lever Brothers (UK) and Margarine Unie (Netherlands). Lever Brothers was established by William Lever, who created the iconic Sunlight Soap, revolutionizing household cleaning in the 19th century. Margarine Unie, founded by Dutch entrepreneurs Samuel van den Bergh and Anton Jurgens, was a leader in the margarine industry. This merger allowed the two companies to combine their expertise and resources, resulting in the multinational consumer goods giant we know today.
The current CEO of Unilever is Hein Schumacher, who took over the role in July 2023, succeeding Alan Jope. Schumacher is dedicated to continuing Unilever’s legacy of innovation, sustainability, and growth in the ever-changing global market.
List of Top Companies Under Unilever
Unilever owns a vast array of subsidiary companies and brands across various industries, many of which are global leaders in their respective sectors. Below is a list of some of the top brands and companies under Unilever, along with their estimated market valuations.
| Company/Brand Name | Year Acquired/Founded | Valuation (Approx.) | Industry |
|---|---|---|---|
| Dove | 1957 | $5 Billion | Personal Care |
| Knorr | 1838 (Acquired in 2000) | $3.5 Billion | Food and Beverages |
| Hellmann’s | 1913 (Acquired in 2000) | $4 Billion | Condiments |
| Lipton | 1890 (Acquired in 1971) | $3 Billion | Tea and Beverages |
| Axe (Lynx) | 1983 | $1.5 Billion | Personal Care (Deodorants) |
| Ben & Jerry’s | 2000 (Acquired) | $2 Billion | Ice Cream |
| Magnum | 1989 | $2.5 Billion | Ice Cream |
| Comfort | 1969 | $1 Billion | Home Care (Fabric Conditioners) |
| Lux | 1925 | $1 Billion | Personal Care (Soap) |
| Vaseline | 1870 (Acquired in 1987) | $1 Billion | Personal Care (Skincare) |
FAQs About Unilever
Q1: When was Unilever founded, and by whom?
A: Unilever was founded in 1929 through the merger of Lever Brothers (UK), founded by William Lever, and Margarine Unie (Netherlands), established by Dutch entrepreneurs Samuel van den Bergh and Anton Jurgens.
Q2: Who is the current CEO of Unilever?
A: The current CEO of Unilever is Hein Schumacher, who took over in July 2023.
Q3: What are some of Unilever’s most popular brands?
A: Some of Unilever’s most popular brands include Dove, Knorr, Lipton, Axe, Ben & Jerry’s, Magnum, Hellmann’s, and Vaseline.
Q4: Is Unilever committed to sustainability?
A: Yes, Unilever is globally recognized for its commitment to sustainability, focusing on reducing its environmental footprint, promoting health and hygiene, and creating sustainable sourcing strategies for its products.
Q5: Where is Unilever headquartered?
A: Unilever has dual headquarters in London, UK, and Rotterdam, Netherlands, reflecting its Anglo-Dutch heritage.
Q6: What is the market capitalization of Unilever?
A: As of 2024, Unilever’s market capitalization is approximately $120 billion, making it one of the largest consumer goods companies in the world.
