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Unilever sells Mora

20th Mar 2006 09:30

Unilever PLC20 March 2006 UNILEVER SELLS MORA TO AD VAN GELOVEN Rotterdam, 20 March.- Unilever and Ad van Geloven have reached a definitiveagreement on the sale of Mora, a Unilever subsidiary. The intention to sell Morawas announced on 16 September 2005. On 20 December 2005 it was announced thattalks had started between Unilever and Ad van Geloven. The sale was conditionalon the advice of the works council and approval by the competition authorities. The sale comprises the factories in Maastricht and in Mol (Belgium) and themarketing and sales activities. In total some 600 people work for Mora; itsturnover amounts to around 100 million euros. This information is provided by RNS The company news service from the London Stock Exchange

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