Unilever Sells Graze to Candy Kittens

Unilever offloads Graze to Candy Kittens, marking a strategic shift towards beauty and hygiene products. Graze, known for its snacks, has faced financial challenges, with sales dropping to £35.6 million in 2021, a stark contrast to the £55 million when Unilever acquired it in 2019. The sale price for Graze, now owned by Candy Kittens co-founder Jamie Laing, is rumored to be around £35 million, a significant discount from the initial £150 million.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.