Unilever chooses Rotterdam over London for headquarters

15 March 2018 by
Unilever chooses Rotterdam over London for headquarters

Unilever, the manufacturer of Marmite, Knorr and Colman's mustard, has chosen Rotterdam over London for its headquarters.

The decision has been made as the company changes its dual-headed structure, which spanned the UK and the Netherlands, to become a single legal entity.

At the same time, Unilever will split its business into three divisions, beauty & personal care, home care and foods & refreshment. The first two divisions will be based in London and the third in Rotterdam.

The company insisted its decision was "not about Brexit" and said no jobs will be lost in the move.

Marijn Dekkers, chairman of Unilever: "Unilever's board is fully committed to delivering long-term performance and sustainable value for shareholders. The board believes the move to three divisions and the simplification of our corporate structure will create a simpler, more agile and more focused company with increased strategic flexibility for value-creating portfolio change.

"Our decision to headquarter the divisions in the UK and the Netherlands underscores our long-term commitment to both countries. The changes announced today also further strengthen Unilever's corporate governance, creating for the first time in our history a ‘one share, one vote' principle for all our shareholders."

The manufacture of Unilever products in the UK and the Netherlands and supply will not be affected by the decision.

Unilever Food Solutions launches guide to help chefs create authentic tastes of America>>

Unilever to sell off margarine brands>>

Videos from The Caterer archives

Are you looking for a new role? See all the current hospitality vacancies available with The Caterer Jobs

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking